The fate of Panathinaikos in the Euroleague could be hanging in the balance after the club’s owner Dimitris Giannakopoulos decided to hold a referendum on whether the Greek champions should continue in Europe’s top competition, but the fans have something to celebrate about as Mr Giannakopoulos announced the return of Mike James to the team. The club’s owner released a statement informing the supporters that Mike James has agreed to the terms of the contract and would soon be joining the team subject to his formal release by the Pelicans. The American point guard helped the Greens win the Greek championship last season and is loved among the team’s fans.