Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 06/2012 |  | Dušan Bajević | MA | |||
| 06/2012 |  | Slobodan Sujica | GK-CO | |||
| 05/2012 |  | Anastasios Kantoutsis | DF | |||
| 01/2012 |  | Matías Iglesias | MF |  | AE Lárissa | AE Lárissa |
| 01/2012 |  | Fábio Tavares | FW |  | Anagennisi Giannitsa | Anagennisi Giannitsa |
| 08/2011 | | Elini Dimoutsos | MF |  | FK Mladá Boleslav | Ml. Boleslav |
| 07/2011 |  | Velimir Radman | GK |  | Panserraikos | Panserraikos |
| 07/2011 | | Sokratis Fitanidis | DF |  | Asteras Tripolis | Asteras |
| 07/2011 | | Konstantinos Giannoulis | DF |  | 1. FC Köln | Köln |
| 07/2011 | | Christos Gromitsaris | DF |  | PAO Rouf | PAO Rouf |
| 07/2011 | | Vangelis Ikonomou | DF |  | AO Kavala | AO Kavala |
| 07/2011 |  | Wayne Thomas | DF |  | Doncaster Rovers | Doncaster |
| 07/2011 | | Apostolos Arguros | MF | |||
| 07/2011 | | Nikola Beljić | MF | | Panserraikos | Panserraikos |
| 07/2011 |  | Denis Epstein | MF |  | AO Kerkyra | AO Kerkyra |
| 07/2011 | | Pitu García | MF |  | AEP Iraklis FC | Iraklis |
| 07/2011 | | Georgios Makris | MF | | AO Kerkyra | AO Kerkyra |
| 07/2011 |  | Zuela | MF |  | Kuban Krasnodar (1928-2018) | Kuban |
| 07/2011 | | Anastasios Karamanos | FW |  | Asteras Magoulas | Asteras Magoulas |
| 07/2011 | | Nikos Kouskounas | FW |  | Panachaiki GE | Panachaiki GE |
| 07/2011 | | Kostas Mitroglou | FW |  | Panionios GSS | Panionios |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2012 | | Filippos Darlas | DF |  | Ergotelis | Ergotelis |
| 08/2011 | | Christos Gromitsaris | DF |  | Apollon Smyrnis | Apollon |
| 07/2011 | | Chrysostomos Michailidis | GK | | AE Lárissa | AE Lárissa |
| 07/2011 |  | Marcin Baszczyński | DF |  | Polonia Warszawa | Polonia Warszaw |
| 07/2011 |  | Marcelo Oliveira | DF |  | APOEL Nikosia | APOEL |
| 07/2011 | | Lucas Favalli | MF |  | Levadiakos | Levadiakos |
| 07/2011 | | Paschalis Melissas | MF | | Levadiakos | Levadiakos |
| 07/2011 |  | Henri Camara | FW |  | Panetolikos | Panetolikos |
| 07/2011 | | Zdravko Popović | FW | | Levadiakos | Levadiakos |
| 07/2011 | | Marek Saganowski | FW |  | ŁKS Łódź | ŁKS Łódź |