Before establishing the club, lengthy deliberations occur at the Municipal Conservatory of Larissa between eight teams from Thessaly. The selected club colors are crimson and white, not black and white, as initially decided. Its Board of Directors consists of two representatives each from Iraklis, Larisaikos, Aris, Toxotis, one representative from Apollo, Pelasgikos, Panthessalikos, and the Team of Commerce-Employees and one representative each from the Chamber of Commerce, the Federation of Craftsmen and the Municipality. On June 7, the merger is celebrated, with a friendly match between the Sports Club of Larissa (AEL) and Panionios (2-1).