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By ESPN Staff

Victory miss out on signing Karagounis

Melbourne Victory have lost out on securing Fulham midfielder Giorgos Karagounis with the Greece international signing a new one-year deal with the English Premier League club.

The 36-year-old featured 28 times in his first season at Fulham and the club confirmed on Tuesday he will stay on for the 2013/14 campaign.

Karagounis was initially released by the Cottagers on June 7 and was linked to a move to the Victory or a return to Greek club Panathinaikos.

Victory had been chasing Karagounis with coach Ange Postecoglou believed to have held talks with him in Athens last month.

With Argentine attacker Marcos Flores leaving Victory for Sydney FC last week, Karagounis would have been an ideal fit for the marquee position.

But he will now spend a second season at Fulham where he was runner-up for the Fans' Player of the Season award last year.

Karagounis, who is the most capped Greek player with 125 appearances, captained the side to their upset Euro victory in 2004 and has had spells with Panathinaikos, Italian side Inter Milan and Portuguese club Benfica.

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