Since the day the Greek-Russian businessman took control of PAOK, at summer of 2012, he has spent more than 73 million euros to pay the club's debt to the State, strengthen the squad and improve the facilities at Toumba Stadium and Nea Mesimvria training ground, which means that he is certainly the greatest sports backer in the history of greek football.
Meanwhile, Ivan Savvidis has also invested in Makedonia Palace Hotel (10 milllion euros, 1.722.000 each year), the famous "Red House" at Thessaloniki (4.7 million euros, another 3 for renovation), Zardinidis Villa (2.7 million euros, another 3 for improvements), a large setting at Queen Olga's street for the Youth Department of PAOK (2.4 million euros for the next 60 months), "Xenia" at Paliouri Chalkidikis (an investment of about 80 million euros) and struggling tobacco company "SEKAP" at Thraki region (for 35 million euros).
Meanwhile, Ivan Savvidis is also aiming to get one of the 4 new TV national stations' licenses, but his request was temporarily rejected, in order to start his "Media Empire" as well. Some people believe that he is interested in politics too and wants to create a political party which will represent all the Pontians in Greece, along with AEK's owner Dimitris Melissanidis, general Fragoulis Fragos and Kostas Karapanagiotidis.
Still, it seems unlikely that the Greek-Russian businessman will become the head of a new political party, since he has stated in the past that "it is not easy to get involved in politics when you do not speak the language of the country fluently". Nevertheless, his quite impressive investment in northern Greece during the very difficult time of financial crisis is enough to enhance his excellent reputation all over the country.