Chelsea head Group L with a maximum six points with PAOK level on three points alongside BATE Borisov.
The likes of Arsenal, Chelsea, AC Milan and Sevilla will be seen in action in the Europa League group stage, which gets underway on Thursday.
The ruling, which also includes a 100,000-euro fine for Greek-Russian businessman Savvidis and separate 63,000-euro fine for PAOK, is open to appeal.
President of Greek club PAOK denied claims that he bickered with the referee.
Police have issued a warrant for the arrest of PAOK owner, Greek-Russian businessman Ivan Savvidis, after he invaded the pitch.
The incident prompted the Olympiakos team to leave the pitch in protest before riots erupted outside the ground.