 On 22 November 1975, the club acquired Vassilis Hatzipanagis, a USSR national of Greek descent, who was late voted a Greece's Golden player for UEFA Jubilee Awards.In the 1975–76 Greek Cup competition Iraklis eliminated Veria, Pierikos, Trikala and Panetolikos to reach the semi-finals.In the semi-finals Iraklis beat Panathinaikos 3–2, at home.