Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2012 |  | Filippos Darlas | DF |  | Atromitos | Atromitos |
| 08/2011 | | Vasilios Rentzas | MF |  | AE Lárissa | AE Lárissa |
| 07/2011 |  | Sören Pirson | GK |  | Rot-Weiß Oberhausen | Oberhausen |
| 07/2011 | | Manolis Dermitzakis | DF | |||
| 07/2011 |  | Borislav Jovanović | DF |  | FK Inđija | FK Inđija |
| 07/2011 | | Andreas Bouchalakis | MF |  | Ergotelis U19 | U19 |
| 07/2011 | | Bruno Chalkiadakis | MF | |||
| 07/2011 |  | Claudio Dadomo | MF |  | AEK Athen | AEK Athen |
| 07/2011 | | Vasilis Koutsianikoulis | MF |  | PAOK Saloniki | PAOK |
| 07/2011 | | Manolis Tzanakakis | MF | |||
| 07/2011 | | Sokratis Evangelou | FW | |||
| 07/2011 | | Nikos Katsikokeris | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2012 |  | Tomasz Wisio | DF |  | RB Leipzig | RB Leipzig |
| 01/2012 | | Claudio Dadomo | MF |  | River Plate | River Plate |
| 07/2011 | | Iosif Daskalakis | GK |  | Olympiacos FC | Olympiacos FC |
| 07/2011 |  | Māris Verpakovskis | FW |  | FK Baku | FK Baku |