Karagounis signs new Panathinaikos contract

ATHENS - Giorgos Karagounis is set to end his playing career at Panathinaikos after signing a new contract until 2012, the Greek club said on Wednesday.

The 32-year-old Greece midfielder has spent most of his career at the Athens club, apart from 2003 to 2007 when he enjoyed stints with Inter and Benfica.

"After the current development I will finish my career at Panathinaikos, the team where I started out, and for this I am very happy," Karagounis told the club website.

Karagounis was a member of the Greek squad that won Euro 2004 and has scored six times in 85 internationals.