1970–71 Panathinaikos F.C. season
| 1970–71 season | ||||
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| Chairman | Michael Kitsios | |||
| Manager | Ferenc Puskás | |||
| Alpha Ethniki | 3rd | |||
| Greek Cup | Quarter-finals | |||
| European Cup | Runners-up | |||
| Intercontinental Cup | Runners-up | |||
| Top goalscorer | Mimis Domazos (20) | |||
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In the 1970–71 season Panathinaikos played for 12th consecutive time in Greece's top division, the Alpha Ethniki. They also competed in the European Cup, being the finalists, and the Greek Cup
Squad
Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
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Team kit
Home
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Away
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Home (2)
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Away (2)
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Competitions
Alpha Ethniki
League table
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
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| 1 | AEK Athens (C) | 34 | 23 | 8 | 3 | 67 | 18 | +49 | 88 | Qualification for European Cup first round |
| 2 | Panionios | 34 | 21 | 7 | 6 | 61 | 34 | +27 | 83 | Qualification for UEFA Cup first round |
| 3 | Panathinaikos | 34 | 19 | 10 | 5 | 62 | 26 | +36 | 82 | |
| 4 | Egaleo | 34 | 15 | 11 | 8 | 31 | 24 | +7 | 75 | |
| 5 | Iraklis | 34 | 13 | 15 | 6 | 40 | 30 | +10 | 75 |
Source: RSSSF
Rules for classification: 1st points; 2nd head-to-head points; 3rd head-to-head goal difference; 4th decision match.
(C) Champions
Rules for classification: 1st points; 2nd head-to-head points; 3rd head-to-head goal difference; 4th decision match.
(C) Champions
European Cup
First round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
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| Jeunesse Esch | 1–7 | Panathinaikos | 1–2 | 0–5 |
Second round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
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| Panathinaikos | 4–2 | Slovan Bratislava | 3–0 | 1–2 |
Quarter-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
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| Everton | 1–1 (a) | Panathinaikos | 1–1 | 0–0 |
Semi-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
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| Red Star Belgrade | 4–4 (a) | Panathinaikos | 4–1 | 0–3 |
Final
| Ajax | 2–0 | Panathinaikos |
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| Van Dijk 5' Haan 87' |
Report MatchCentre |
Ajax
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Panathinaikos
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Intercontinental Cup
Panathinaikos played also for the Intercontinental Cup against Club Nacional de Football due to refusal of Ajax to participate.
First leg
Match details
| Panathinaikos | 1–1 | Nacional |
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| Filakouris 48' | (Report) | Artime 50' |
Panathinaikos
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Club Nacional
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Second leg
Match details
| Nacional | 2–1 | Panathinaikos |
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| Artime 34', 74' | (Report) | Filakouris 89' |
Club Nacional
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Panathinaikos
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