Chapter II: Sports companies

The amounts of revenue or remuneration above which a sports association is required, by virtue of article L. 122-1, to form a commercial company are set at €1,200,000 and €800,000 respectively. To determine whether these amounts have been reached, the average revenue received and remuneration paid over the last three known financial years, as shown in the sports association’s accounting documents, are taken into account.

The income referred to in article R. 122-1 includes the total income (excluding tax) from all ticketed events organised by the association, and in particular : 1° The amount of admission fees paid, in any form whatsoever, for access to these events; 2° Advertising income of any kind; 3° Proceeds from audiovisual exploitation rights paid to the association, including reproduction rights.

The amount of remuneration referred to in article R. 122-1 is made up of all the salaries, bonuses, allowances, benefits in cash or in kind, whether regular or exceptional, received by the sportsmen and women employed by the association; it does not include the tax and social security charges relating to this remuneration.

The standard articles of association applicable to the various forms of sports company mentioned in article L. 122-2 are set out in Annexes I-1 to I-3.

Any agreement by which a sports association or a sports company seeks to transfer, in compliance with the provisions of article L. 122-16, its name, trademark or any other distinctive sign or to authorise the use thereof or to grant a licence for its use to another legal entity governed by private law must be filed, prior to its entry into force, with the prefect of the département in which…