The dark era of aris fc (ΠΑΕ ΑΡΗΣ)

After their relegation many were wondering who was going to take care of the team. American business man Alex Kalas emerged the first season with him in charge of the football department while they failed to gain promotion to the Football league . In summer 2015 where the next elections for the role of head of football department Kalas won again and promised to put more money into the club. Kalas also made a number of signings, Honduran legend Carlos costly, Sierra leone international John kamara, Spaniard  Guillermo perez moreno, Portuguese footballer Fabio ruben moeira tavarez, defender Paschalis melissas and defender Stavros petabrakis. Due to Aris failing to get into the second division Kalas was sacked despite only being there for a month. Aris would have to play another year in Gamma ethniki. While in the Gamma ethniki, the team demanded that the Hellenic football federation allow them to be promoted to a higher level of Greek football. The federation declined to do this and several appeals against the decision were rejected. As a result, 10,000 fans took to the streets on the 26 and 31 August 2015 in Thessaloniki to protest the decision. These protests caused clashes between the police and the fans that led to arrests and Aris didn't manage to get promoted to the professional divisions.

Karipidis era

Although after the Aris election Arvanitidis became leader of the football department, Theodoros Karipidis was named the head of football department the day afterwards. He signed many players in a few days including former Greek footballer of the club Andreas tatos, former Real Madrid  defender Raul Bravo club legend Sergio koke, as well as many Super league quality players like Kostas Kaznaferis,  Vasilios Rovas, Nikos tsoumanis , Giannis siderakis as well as many others. Theodoros Karipidis appointed Nikos anastasopoulos  as the manager. During the 2015–16 season Aris managed to be promoted to the second division of Greece with a 21-point difference from the second club. Finally, Irene Karypidis became the major shareholder with overwhelming proportion over 89%.