Panionios Saravakos started his professional career at
Panionios where, at the age of 16, on 26 December 1977, he made his debut in the
championship against
Egaleo. In his second season at Panionios, he won the
Greek Cup in
1979 defeating the then champion,
AEK Athens by 3–1. During the
1981–82 season, Saravakos had the most productive year in the club as he scored 13 goals in the league, while his performances also made him an international. In his last year with Panionios he scored 10 goals in 28 appearances. On May 19, 1984, Panionios played a barrage match for their stay in the division against
PAS Giannina, which was decided at the extra time with Saravakos scoring in the 104th minute and giving the lead to Panionios who prevailed by 2–0. In total, he played in Panionios for seven years, recording 132 appearances and 35 goals in the league.
Panathinaikos On 22 June 1984, Saravakos was transferred to
Panathinaikos for 60 million drachmas. In addition to Saravakos, he also acquired
Velimir Zajec and the addition of the latter in combination with the presence of
Juan Ramon Rocha, made the midfield of the team particularly creative, thus the attacking virtues of Saravakos were fully exploited. During his first year at Panathinaikos, he was the second top scorer in the league. He scored his first goal for Panathinaikos on September 23, 1984, against
OFI. On 25 November 1984 he scored his first goal in
Athenian derby against AEK in a 3–2 win. On 20 February 1985 he also scored in the
derby of the eternal enemies against
Olympiacos in a 2–1 for the Cup. In the
European Cup his presence was decisive for the qualification of Panathinaikos to the
semi-finals of the institution. Panathinaikos, having qualified against
Feyenoord, faced
Linfield and in the rematch found themselves losing in Ireland by 3–0. Saravakos' goal started the counterattack that led to the equalizer and the qualification. In the next round, Saravakos creating an excellent attacking duo with
Thanasis Dimopoulos, scored against
Göteborg in
Gamla Ullevi giving Panathinaikos the victory. In the second leg, his goal at the 78th minute, equalized at 2–2, leading his team to the semi-finals of the competition. In the following season Saravakos won the domestic double. In the Cup he scored in the semi-final against AEK the goal that sent the "greens" to the final. There, he scored 2 goals in the imposing 4–0 win over Olympiacos, which is also the biggest victory in a final of eternal enemies. In the UEFA Cup, his two goals in each leg, against
Torino were not enough to qualify them for the next round. On 3 May 1987, he scored his fastest goal in a derby, in the first minute of the match against AEK which ended 0–3. In the European Cup, the "greens" were close to a big comeback against
Red Star, when with goals from Saravakos and Dimopoulos, found themselves winning in the rematch with 2–0, one goal away from the tie of the first match. On 8 November 1987, he scored in a 1–4 win against Olympiacos. In the UEFA Cup by scoring against
Auxerre, he secured Panathinaikos' qualification to the second leg. In the first match of the next round, he scored a goal with an excellent shot outside the area, and gave Panathinaikos a 1–0 victory against
Juventus. On the rematch he opened the score and led the club to the next round. In fact, the big Italian team after their elimination showed interest in acquiring him, without proceeding with a proposal. In the next round, Panathinaikos found themselves losing with 5–0 by
Honvéd in
Hungary. Saravakos did not give up the effort and reduced it to 5–2 with 2 goals, resulting in Panathinaikos winning 5–1 in the second leg and qualifying. In the
quarter-finals his goal against
Club Brugge was not enough for them to qualify. In the Cup, Saravakos scored three goals in total on both legs against the then champion,
AEL and the "greens" qualified to the final. Facing Olympiacos again, the duo of Saravakos-Dimopoulos was successful again as with their 2 goals, Panathinaikos claimed the title on penalties, where they won 4–3. In June 1988 the then president of Olympiacos,
George Koskotas, offered Saravakos the "unrealistic" amount for the Greek data of 600 million drachmas, but failed to dress the athlete in the red and white shirt. On 24 August 1988 he won the
Super Cup against AEL winning 3–1. At the end of the season, Panathinaikos emerged as the Cup winner again with Saravakos, scoring a goal in the final against Panionios. In the summer of 1989, Panathinaikos acquired the striker
Krzysztof Warzycha, who connected perfectly with Saravakos and the two of them led the club to the championship in 1990. On February 25, 1990, Saravakos played for the third time in his career in a match where Panathinaikos scored 4 goals against Olympiacos, winning 3–4 in the
Karaiskakis Stadium, with him as the captain. In the semi-final of the Greek Cup, Saravakos scored a hat trick against Olympiacos, but the final score of 3–3 was not enough to overturn the 2–1 score of the first match. In the
Cup Winners' Cup he scored a goal in Panathinaikos' 3–2 win over
Swansea. The next season, Saravakos emerged as the league's top scorer with 23 goals. Panathinaikos won another double by finishing first, while they were also crowned Cup winners with 10 goals by Saravakos. The season 1991–92 was the most prolific in goals in the league for Saravakos who scored 24 goals. On 26 January 1992, he scored in a 3–0 victory over Olympiacos. On 9 February 1992, with his 2 goals in 2 minutes, Panathinaikos prevailed 2–0 over AEK. In the quarter-finals of the Cup, Saravakos' goal gave Panathinaikos a qualifying score over Olympiacos, until the 90th minute, when they were equalized and eliminated on away goals. In Europe, Saravakos led Panathinaikos to the groups of the first edition of the
Champions League. In the qualifying matches against Göteborg, he scored 3 of Panathinaikos' 4 goals. The first match ended in favor of Panathinaikos 2–0 with Saravakos opening the score. In the rematch, the Swedish were leading 2–0, equaling the result of the first match, but with 2 goals, Saravakos tied at 2-2 and led Panathinaikos to the quarter-finals. An important moment for Saravakos was his participation in
World XI alongside
Stratos Apostolakis in 1992 in a protest match due to the
invasion of
Kuwait. In the 1992–93 season, Saravakos won the Cup with Panathinaikos, while participating in the European competitions, where the "greens" set a goal record, both in one match and in the total of the 2 matches against
Electroputere Craiova with 10 goals with him scoring once. On August 18 of 1993 he scored the decider against AEK for the Super Cup. In the 1993–94 season, he won for the 6th time in his career the Cup. On 2 November 1993, Saravakos played for the last time in his career with Panathinaikos in a European competition in the away victory against
Bayer Leverkusen with 1–2, opening the scoring in the 6th minute.
AEK Athens In the summer of 1994, since his contract was not renewed, Saravakos left Panathinaikos and joined their rivals, AEK Athens. On 10 August 1994, he played in his first official match with AEK, which was one of the most memorable with their shirt against
Rangers securing the qualification to the
Champions League group stage for the first time in their history. Saravakos with his 2 goals in the first match, gave the victory to AEK, which prevailed in the rematch. His presence in the league was equally satisfactory as he emerged as the second scorer with 21 goals. On 1 April 1995 he scored for the last time in the derby against Olympiacos. At the end of the season they lost the Cup in final against Panathinaikos, where he lost a crucial penalty. In the following season with the "yellow-blacks", he won his third another Super Cup against his former club. On 3 December 1995 he scored his last goal for the yellow-blacks with a direct corner kick in a 4–0 against OFI. His advanced age and the injuries he was facing had a result not to offer much at the club. AEK displayed impressive football and won the Cup but finished second in the league. At the end of the year, AEK, respecting his contribution to the club, released him by terminating his contract by mutual consent.
Retirement In the summer of 1997 after a year of absence from football Saravakos returned to Panathinaikos to end his career in his favorite club. He competed in just 2 league games before retiring in the summer of 1998. He is the leading scorer in history with 16 goals in the
Derby of the eternal enemies. He held the record for the Greek top scorer in
UEFA competitions, with 25 goals, but he was surpassed by
Demis Nikolaidis. ==International career==