Jean-Michel Aulas, here during the 8th finals of the Coupe de France played last week in Saint-Ouen against the Red Star.

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CHRISTOPHE SAIDI / SIPA

Faced with the Covid-19 crisis, will the “innovative measure” proposed since February by OL to all of its sports players, namely players, players, staff and management bear fruit?

The club chaired by Jean-Michel Aulas, which allows its players to give up part of their salary in exchange for shares in the company, has just quantified between 0.7 million and 6.5 million euros. expected savings.

The higher amount is however purely theoretical since it would be reached if "all the optimum sporting results were obtained by the professional male and female teams and the related bonuses fully paid in shares", specifies OL Groupe, the club's holding company, in a statement released on Monday.

Between 5% and 25% of salaries converted into OL Groupe shares

OL has also not convinced all its players to accept this mechanism which allows the company, in this period of stadium closures, to reduce its costs while strengthening its own funds.

"The group is continuing discussions in order to enlarge the group concerned," he specifies, however.

OL offers its players and management members to convert between 5 and 25% of their salaries into shares, from February, until the reopening of the stadiums, hoped for in June.

The implementation of this mechanism involves the triggering of several small capital increases, the schedule of which will be decided by Jean-Michel Aulas.

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