The Argentine forward arrives at the Greek champions on a free transfer after his contract at Malaga expired.
“I would like to thank the supporters who came out to welcome me and have showed me such love in my first moments here in Athens,” Saviola told reporters on his unveiling.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.