According to information that has circulated in the last 24 hours, Olympiacos have identified 31-year-old Greek centre-forward Giorgos Giakoumakis as a potential signing. Giakoumakis spent last season on loan at PAOK. The club is reportedly looking for Greek strikers. PAOK hopes to keep the player but is only considering another loan. The outcome depends on Cruz Azul, the club that owns his rights and wants to sell him. Giakoumakis is said to view a stay in Greece positively, as he does not wish to return to Latin America. Cruz Azul had placed a €5 million clause in their previous agreement with PAOK. Olympiacos is not willing to pay this sum for a player who would not be a starter. However, Olympiacos would be prepared to spend money for a good Greek player. PAOK has allegedly not done this for months regarding his case. Giakoumakis has 22 caps and 4 goals for Greece, has a contract with Cruz Azul until 2028 and a current Transfermarkt market value of €6.00m.