PAOK Thessaloniki was considering signing Ermin Mahmič, but after the club was eliminated early from European competitions, they stopped making new signings.

PAOK had been mentioned as an option for Slovan Liberec's 21-year-old Bosnian-Herzegovinian attacking midfielder Ermin Mahmić, but the Greek side is reportedly no longer competing to sign him. PAOK is instead pursuing a deal for Partizan captain Nemanja Ugrešić, valued at approximately €7.5 million. Celtic is described as Mahmić’s main option, and PAOK's withdrawal now leaves one fewer potential rival for the player. Mahmić, who has 5 caps and 2 goals for his country, is under contract with the Czech club until June 2029 and has a current market value estimated by Transfermarkt at €7.00m. In August 2026, Slovan Liberec's asking price was reported to be between €7 million and €8 million, and Celtic's offers were rumoured to range up to €10 million.