A sports group affiliated to a sports federation regulated by law, which usually participates in the organization of paying sports events, generating revenue at least equivalent to a threshold set by a decree implementing this law (Law No. 96/09 du 5 August 1996), and which employs sportsmen and women in return for agreed remuneration, may, for the purpose of carrying out its activities set up a public limited company governed by the legislation on commercial companies.
This company shall adopt the status of a sports company, the purpose, legal status and functioning of which shall be determined by law.