The Greek league which has been shutdown in recent weeks after the clubs protested over lost television revenues, will end on October 27.

The clubs have not played any domestic football since the collapse of satellite broadcaster in September. Chairmen of the clubs have pleaded with the government to be subsidised by handouts from the state-run football lottery, but the government initially refused.

However, he president ofthe League of Professional Clubs (EPAE), Thanasis Kanelopoulos, announced the formation of a special committee aimed at generating funds for financially-stricken clubs on the proviso that the clubs return to action.

There has been no professional league football in Greece since September 22 when the first division played its fourth round of matches.