 They acquired Memos Ioannou in 1974, and Greek-American David Stergakos in 1979 (a player that would contribute greatly to the team in the coming years).In the five years that followed, Panathinaikos won 4 Greek League championships (1980, 1981, 1982, 1984) and two Greek Cups (1982, 1983).More specifically, in 1982, while coached by Kostas Politis, Panathinaikos succeeded in winning their first Greek double, as well as placing 6th in the FIBA European Champions Cup 1981–82 season.