The man who inspired the idea of the formation of a football club in Egio was Zisimos Livas.

It is worth to mention that the effort for the formation of a football club in Egio had begun from Livas in 1924.

Finally in February 1927 they submitted the statute foundation of the club to the local judicial authorities.

It is quite unusual for a football club to have a crest that refers to wrestling but the explanation has to do with Panegialios founder, Zisimos Livas.

Panegialios home ground is Aeghio Municipal (formerly "National") Stadium which has two stands along the sides of the pitch.

The stadium has two almost identical stands, with electronic projectors, a modern canteen as well as a café.

The petals were demolished during its refurbishment in 1985 except for a small section double of the western platform.

The record at the stage was 1963 in a match for the First National Division (Alpha Ethniki), between Panegialios and Olympiacos, with 14,119 spectators.