In the 2001–02 season Panathinaikos played for 43rd consecutive time in Greece's top division, Alpha Ethniki.

The club also competed in the UEFA Champions League and the Greek Cup.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Players may hold more than one non-FIFA nationality.

Panathinaikos qualified to the Round of 16 without a match.