Founded in 1957 by the merger of three local teams (AEK, National, and Hercules).Since 1957, Paniliakos fought in the category A of NSOs Achaia until 1969 as there is in Ilia Ilia NSOs. Until 1988 the rise and fall in the Second and Third National until he fall sin the category A of the local League of Ilia.
At that time assumed the leadership team Sakis Stavropoulos. 1989-1990 The next season the team is Juan Ramon Rocha, apart from the players and coaches taking Paniliakos where he was raised in the Third Division.
There he stayed for three years where the first ended the 1993-94 season with 24 wins by scoring 91 goals and rise in division B.
The next year ie 1994-95 in the National B finished first again with a difference by having a second MO 4000 tickets for each game. In A League fought for six consecutive seasons until 2001 when it lowered again to survive in the 2003-04 season first.
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