 Nikolaos' son Christos took his father's place as chairman.Ionikos' long run in the top flight ended in the 2006–07 season, when the team finished in 16th-place in the Super League and was relegated back to Beta Ethniki.Ionikos has spent the last two seasons in Beta Ethniki, finishing 5th and 4th place, respectively, as the club tries to rejoin the top flight.