But the OL group fundamentals remain good

The crisis led to reconsider the economic model of the football clubs

With the crisis, wages problems become acute. On this subject, it must establish greater regulation. The establishment by the UEFA "financial fair play" goes in the right direction. However, I think that the best indicator is not the net, but the cash flow and operations in General. Indeed, the social and fiscal rules are different countries in Europe. The presence of funds or "exotic" shareholders, including in England, is another problem. What must be prohibited, I believe, are the abandonment of current account and require investors to agree specific funds, that is guarantee of sustainability.

Some fear that there is the bankruptcy of severely indebted clubs. Do you share this view

The debt problems are mostly related to English clubs which were the subject of redemption through LBO, such as Manchester United or Liverpool. But, overall, the major clubs have solid structures and high-value trademark. One may wonder, however, on small clubs. It seems that for the season 2008-2009, the accounts of the French professional clubs are deficit to the tune of EUR 50 million, half for the League 2, obviously, living beyond its means. Overall, there is a lack of control of the charges in football. I propose to limit the growth of wages, pay intermediaries to the package, not as a percentage of the amount of transfers or the salary. Also, could prohibit the transfer of a player for three years, for example, after the signing of a contract. Finally, I believe that should be limited to 25 the number of players under contract in a club. Reducing the scope of destinations, reduced inflation on transfers and wages. So, the model is to generate income by selling players is perennial. We have demonstration at Olympique Lyonnais and the last European mercato was active. Transfers, it is also in the enhancement of training, as shown in the example of Karim Benzema. To encourage clubs to invest in their training centres, it would be useful to develop in the accounts the value of players trained in the club.

In the case of the right of collective image, the famous DIC, which passed the deletion on July 1, 2010, have you had the feeling of having been dropped by policy

I do not think. There has been a phenomenon of desynchronization between, on the one hand, the Parliament and the Ministry of Sports and, on the other, the President of the Republic. I met this last early December, with several other leaders of the French football and we had insurance on the will to put an end to this effect of inconsistency. The end of the DIC is endorsed. There is a cyclical appreciation of this provision presented wrongly as a tax niche, while it is a social measure that I consider to be an employment assistance that allows the clubs to pay less social charges. But it is envisaged that a compensation fund of assistance to SMEs. It also appears that the law on sport to give clubs the property of the membership number, now in the hands of the "support" association, and authorizing the adoption of the status of classical company is be relaunched. The issue of sport has been taken into account. Clubs, charges and taxes combined, bring this year more than 600 million euros of revenue to the State.

The report in January of the review of the Act on the opening of the market for games online by the Senate delayed activation by the clubs of the sponsoring contracts with operators. Will how you adopt

Generally speaking, six months will be lost. Everyone knows that it is the lobby of the horse racing world impinges on the process and that everything is being done to promote the historical operators. When we see that it forbids us to do what the French games and the PMU do every day, it said that the rules are not the same for all. For what we are, we will post the Betclic logo on our shirts just after the vote of the Senate.

When your big stage out of Earth

The inauguration was scheduled by the President of the urban community on December 8, 2013. Despite fairly common hazards in this kind of project - and has been seen with the recent decision of the Court of appeal concerning the vote on the PLU of Décines-, this date has not been questioned by Gérard Collomb. I would like to emphasize that it is not only a sporting equipment, but a major project for the Lyon region including two hotels, 15,000 square metres of offices and a recreation centre. 2,000 people will work on the site, and then they are 1,000 permanent jobs will be created.

It seems however that the financing of the infrastructure needed to link the stage to the agglomeration is not with curl

On this subject, we are at the heart of the Web of local communities

in France. With powers overlapping and different political orientations... In the end, there is a form of neutralization, which is problematic for contractors. As French administrative law provides a bonus to those who wish to block the projects. I understand better why the Executive sought to reform the system. To answer your question, the cost of the facilities is estimated at EUR 190 million approximately. But much of the work has already been launched to develop East of the town. What is actual accessibility of the stage is limited to EUR 80 million. On this amount, the Government will contribute 20 million euros.

Is the financing of this operation not dangerous for the balance of the club

The principle of the 300 million of necessary mounting is already stopped. A third will be funded on the own funds of the OL, one third by debt and the rest on the risk-taking generated by the operation. Because the new stadium will allow us to significantly develop our ticketing revenue, "merchandising" and services, through including the rental of lodges. We consider that the turnover of the Stadium could increase from EUR 25 million to 100 million. And then we plan to sell the name of the new stadium between 100 and 150 million euros over fifteen years.

But the success of this project is dependent on not first and foremost the sustainability of the results of the OL

It is obviously an important element. But this is not a requirement. I want proof of the evolution of attendance since 2006 10 German stadiums renovated for the World Cup. In three years, the average rose from 24,000 spectators per game at 48.000. Jérôme Seydoux, my partner in the OL, experienced the same phenomenon at the head of Pathé with multiplexes. When the quality of the offer is changing, the attendance increases.

In hindsight, what results are you getting your introduction on the stock market

We were divided by 2.5, but like many values with the crisis, particularly in the communication sector which we are attached. But the OL group fundamentals remain good. Our own funds are EUR 170 million and we have no net debt. Since 2004, we generated 900 million of net sales and operating income current 100 million. We are in our fifth successive beneficial exercise. None of our 1,100 individual shareholders not left us. Our introduction on the stock market is not only linked to our stage project. I consider that this introduces the transparency in the world of football. From my point of view, the football model is based on three pillars: economic performance, training, but also ethics. That said, with the current upheavals, it must be conceded that the stock market does not facilitate the governance of companies. And I would not advise another club to go on the stock market at this time.

You are also boss and founder of Cegid, a software publisher of management almost 80,000 customers, including many SMEs. How are they experiencing the crisis

I find that paradoxically they pass through the rather better than large business crisis because their reaction capabilities are far higher. However, they suffer from a French banking system which has not played the game of the financing of the operation. We absolutely oxygenate SME projects.

In your sector, computer software, Europe seems doomed to sell its dynamic enterprises to the Americans. Is this a poorly fatal

It is true that we are in an industry of systems and the North American actors have imposed us their hegemony. In the field of large generic software, this situation will be difficult to rectify. However, in a sector close ap like ours, the customization is essential and restores their chance to local actors.

You don't believe therefore to the relocation of the software industry in countries such as the India

Indeed, I don't believe any. In our trade, it must be very close to the customer and the labour cost is less than his quality and his knowledge of the profession of the client. The experiences that we have followed in the Canada, in India or in Romania have proved to be failures. I'll bet you it will soon see labour remittances to control value added. For us, Cegid always everything kept in France and it has never prevented us to benefit very regularly since the inception of the company in 1983.

Are you concerned by the new wave of it innovation, called "cloud computing"

The first wave is the software sold as a service accessible via the Internet. At the time, it is no longer an investment, but becomes a load operation. It is changes in market conditions and this should encourage them to clusters. Today, 15 to 20 of our sales are made in this way. But this will be obviously much further with "cloud computing", which centralizes the computer outside the company and makes it accessible from anywhere. It is a real technological failure and a strategic issue for our country.