Panathinaïkos has made Mostafa Mohamed a priority to replace Fotis Ioannidis, who is leaving for Sporting Portugal. Mohamed is under contract with Nantes until 2027 and is tempted by the experience at Panathinaïkos, where his former teammates Pedro Chirivella and Alban Lafont play. No discussions have started yet with Nantes, but they would likely not let Mohamed go for less than 10 million euros.

According to an Egyptian journalist Ali Maher, Panathinaikos has made an offer for Mostafa Mohamed. This is not the first time Panathinaikos has shown interest; they were previously interested in January but the move did not proceed due to the player's refusal. The player is almost certain not to continue with Nantes next season. Transfermarkt currently estimates his market worth at 5.00 million euros.