Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2012 |  | Fabrizio Zambrella | MF |  | FC Sion | FC Sion |
| 01/2012 |  | Giannis Zaradoukas | DF |  | Olympiacos FC | Olympiacos FC |
| 12/2011 | | Angelos Anastasiadis | MA | |||
| 09/2011 | | Filippos Bolovinis | GK-CO |  | Olympiakos Volou | Olymp. Volou |
| 09/2011 |  | Mamadou Bagayoko | FW |  | OGC Nice | Nice |
| 07/2011 |  | Karim Fegrouch | GK |  | Wydad AC | Wydad AC |
| 07/2011 | | Charalabos Tabasis | GK |  | Diagoras FC | Diagoras FC |
| 07/2011 |  | Ismaël Bouzid | DF |  | Heart of Midlothian | Hearts FC |
| 07/2011 |  | Ronald Huth | DF |  | Tacuary | Tacuary |
| 07/2011 |  | Andi Lila | DF |  | KF Tiranë | KF Tiranë |
| 07/2011 | | Marios Oikonomou | DF |  | PAS Giannina U19 | U19 |
| 07/2011 |  | Leandro Becerra | MF |  | Atlético Tucumán | Atlético Tucumá |
| 07/2011 | | Fotis Georgiou | MF | | Diagoras FC | Diagoras FC |
| 07/2011 | | Kostas Pappas | MF | |||
| 07/2011 | | Emiljano Vila | MF |  | Dinamo Zagreb | Din. Zagreb |
| 07/2011 | | Jaouad Zairi | MF | | Olympiacos FC | Olympiacos FC |
| 07/2011 | | Héctor Cuevas | FW |  | Belgrano de Córdoba | Belgrano |
| 07/2011 | | Evripidis Giakos | FW |  | Doxa Kranoulas | Doxa Kranoulas |
| 07/2011 |  | Stéphane Demol | MA | |||
| 07/2011 | | Giannis Christopoulos | AS-CO |  | Panionios GSS | Panionios |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 02/2012 | | Jaouad Zairi | MF |  | Anorthosis Famagusta | Anorthosis |
| 01/2012 | | Ismaël Bouzid | DF |  | Baniyas SC | Baniyas SC |
| 01/2012 | | Ronald Huth | DF |  | Sportivo Luqueño | Luqueño |
| 01/2012 | | Mamadou Bagayoko | FW |  | Doncaster Rovers | Doncaster |
| 01/2012 | | Héctor Cuevas | FW |  | Sarmiento de Junín | Sarmiento |
| 07/2011 | | Giorgos Sikalias | GK |  | Panthrakikos | Panthrakikos |
| 07/2011 | | Giannis Stathis | DF | | Panthrakikos | Panthrakikos |
| 07/2011 | | Esteban Buján | MF |  | Ferro Carril Oeste | Ferro CO |
| 07/2011 | | Dimitris Sialmas | FW |  | AEK Athen | AEK Athen |