OL Groupe: conversion of part of players' salaries into shares will reach a maximum of €6.5m

"Taking into account the uncertainty of sport and the discussions underway (converting part of the remuneration of players, staff, and management into OL Groupe shares), the size of the programme could vary between a minimum of €0.7m and a theoretical maximum of €6.5m if the men's and women's professional teams achieve all of the optimum on-the-pitch results and the related bonuses are paid in shares," announced OL Groupe, holding company owner of Olympique Lyonnais (Ligue 1 Uber Eats), on 12/04/2021.

"Olympique Lyonnais (Ligue 1 Uber Eats) has proposed an innovative solution enabling all players, technical staff and managers of both the men's and women's professional teams to invest in OL's future alongside all other OL Groupe shareholders. (...) OL's senior management have reached an agreement with a portion of the members of the men's and women's professional groups. As a result, part of their remuneration, representing between 5% and 25% of salary, will be converted, as proposed, into OL Groupe shares, beginning with the month of February and extending potentially until June…