In the 1972 -- 75 Goulandris era , Olympiacos had a solid presence in European competitions , eliminating great clubs .
In the 1972 -- 75 Goulandris era , Olympiacos losing their qualification to the quarter - finals of the 1975 European Cup in a highly controversial game .
In the 1972 -- 75 Goulandris era , Olympiacos had a solid presence in European competitions , eliminating great clubs , and losing their qualification to the quarter - finals of the 1975 European Cup in a highly controversial game .