ALM Évreux Basket Embarks on a New Era with SAS ALM Développement
In a historic move for the Évreux basketball club, the creation of SAS ALM Développement on December 18, 2024, marks a pivotal shift in the management of the professional basketball team. This development comes 35 years after the establishment of the Mixed Economy Company (SEM) ALM Évreux Basketball, which was initially formed to propel the club into professional leagues.
“it’s an critically important step,” says Loïc cavelier, director of ALM Évreux Basket Eure, describing the move as an “event” in the club’s history.The new structure aims to bring together private shareholders who were previously isolated within the SEM, signaling a significant change in how the club operates.
Table of Contents
- Private Shareholders Take the Lead
- A new Financial Model
- A Legacy of Excellence
- Key Milestones in ALM Évreux Basket’s Change
- A Three-Year Plan for Growth
- A Growing Network of Support
- The Bigger picture: Community and Commerce
- Join the Movement
- Private Shareholders Take the Lead
- A New Financial Model
- A Legacy of Excellence
- Key Milestones in ALM Évreux Basket’s Transformation
- Looking Ahead
previously, the SEM’s share capital was 50% owned by the municipality of National Basketball League (LNB), which urged the club to increase its capital.
“We had to find a new mode of operation,” explains Cavelier. “This could only happen through the private sector.” The result? SAS ALM Développement was born, consolidating private shareholders and injecting €110,000 into the club within months.
The SAS now holds a 30% stake in the SEM and has joined its supervisory board, with ambitions to eventually hold half of the shares, balancing power with institutional stakeholders. “The future of the club will pass through the SAS,” Cavelier asserts.
A new Financial Model
The shift to private investment is a response to dwindling public funds. “Community budgets are running out. We couldn’t wait for them to tell us that they can no longer finance us,” says Patrick Roussel, a shareholder of SAS and chairman of the SEM ALM Basket board of directors.
To further strengthen its position, SAS ALM Développement is opening its capital to new investors, offering an entry ticket of €5,000. This move aims to attract local supporters and businesses, ensuring the club’s financial stability and growth.
A Legacy of Excellence
As the only professional basketball club in the department, ALM Évreux Basket has a rich history in the LNB Pro B, France’s second-tier basketball league. the club’s evolution from a municipally funded entity to a privately driven organization reflects broader trends in sports management, were financial sustainability is increasingly tied to private investment.
Key Milestones in ALM Évreux Basket’s Change
| Event | Date | Impact |
|——————————–|——————-|—————————————————————————-|
| Creation of SEM ALM Basketball | 1989 | Enabled the club to compete in professional leagues. |
| Formation of SAS ALM Développement | December 18, 2024 | Consolidated private shareholders, marking a new financial model. |
| Capital Restructuring | December 28, 2024 | Shifted control from municipal to private stakeholders. |
| €110,000 Capitalized | Early 2025 | Strengthened the club’s financial position and operational capabilities. |
The creation of SAS ALM Développement is more then just a financial restructuring—it’s a bold step toward securing the future of ALM Évreux Basket. as the club navigates this new chapter,fans and stakeholders alike are hopeful that this move will pave the way for sustained success on and off the court.
For those interested in supporting the club, SAS ALM Développement’s open capital initiative offers a unique opportunity to be part of this exciting journey. With an entry ticket of €5,000, the club is inviting the community to play a direct role in shaping its future.
The story of ALM Évreux Basket is far from over—it’s just entering a new, dynamic phase.ALM Évreux Basket: A New Chapter for the Club and Its Community
The ALM Évreux Basket, a professional basketball team in France’s Pro B league, is embarking on a transformative journey to secure its future. With a bold new initiative,the club is inviting individuals and businesses to join its mission,offering an opportunity to be part of a movement that combines sports,business,and community impact.
At the heart of this initiative is the creation of a Simplified Joint stock Company (SAS), designed to attract private sponsors and investors. For an entry ticket of €5,000—a figure that could be adjusted, according to Loïc Cavelier—participants can become part of “the big ALM family.” This innovative approach aims to foster a club of entrepreneurs who not only support the team financially but also contribute to the economic and cultural vibrancy of the region.
A Three-Year Plan for Growth
The SAS has set an ambitious three-year timeline to elevate the ALM’s profile and secure its financial stability. Currently operating with one of the smallest budgets in Pro B, the club is resolute to increase its funding to match the league’s average budget of €3.50 million. As Patrick Odienne, a key figure in the initiative, explains, “Sports results require good financial balance.we are one of the smallest budgets in Pro B; if we want good players, we have to pay them.”
This financial boost is critical for the club’s survival. Last season, ALM narrowly avoided relegation, a close call that underscored the urgency of this new strategy. Philippe Bougard, another stakeholder, succinctly captures the sentiment: “We must save the ALM soldier.”
A Growing Network of Support
The SAS has already garnered significant interest,with 17 initial shareholders stepping forward. Among them are Jean-pascal Ruiz of La signalisation Routière, William Ouvry of SOS Intérim, Jean Bignalet of Mac Do, and Philippe Bougard of Renov. These individuals, alongside other prominent figures like Hervé Herce and Patrick Dedienne, represent a mix of long-time supporters and new investors united by a shared vision for the club’s future.
Hervé Herce, a shareholder and advocate for the initiative, remains optimistic: “We are optimistic, the dynamic is there, it must be amplified!” This enthusiasm reflects the broader sentiment among stakeholders, who see the SAS as a turning point for ALM Évreux Basket.
The Bigger picture: Community and Commerce
Beyond the basketball court, the SAS initiative is about more than just sports. It’s a platform for local businesses to thrive while contributing to the cultural and economic fabric of the region. By aligning the club’s success with the interests of its investors, ALM is creating a model where sports and commerce intersect to benefit the entire community.
| Key highlights of the SAS Initiative |
|——————————————|
| Entry Ticket | €5,000 (subject to revision) |
| Goal | Increase budget to €3.50 million |
| Timeline | Three years |
| Key Stakeholders | 17 initial shareholders, including Jean-Pascal Ruiz, William Ouvry, and Philippe Bougard |
Join the Movement
For those passionate about sports, business, or community development, the ALM Évreux Basket SAS offers a unique opportunity to make a lasting impact. Whether you’re a seasoned entrepreneur or a local enthusiast, this initiative invites you to be part of a story that transcends basketball.
As the club navigates this pivotal moment, the message is clear: the future of ALM Évreux Basket is in the hands of its community. Will you answer the call?
Stay updated on the latest developments by subscribing to My News and following the journey of ALM Évreux Basket.
ALM Évreux Basket Embarks on a New Era with SAS ALM Développement: A conversation with Loïc Cavelier and Patrick Roussel
in a historic move for the Évreux basketball club, the creation of SAS ALM Développement on December 18, 2024, marks a pivotal shift in the management of the professional basketball team. This growth comes 35 years after the establishment of the Mixed Economy Company (SEM) ALM Évreux Basketball, which was initially formed to propel the club into professional leagues. To delve deeper into this transformative moment, we sat down with Loïc Cavelier, Director of ALM Évreux Basket Eure, and Patrick Roussel, a shareholder of SAS and Chairman of the SEM ALM Basket Board of Directors.
Senior Editor: Loïc, let’s start with the big news—the creation of SAS ALM Développement. What does this mean for the club, and why was this step necessary?
Loïc Cavelier: This is a critically crucial step for ALM Évreux Basket.For years, the club was primarily managed under the SEM structure, with the municipality of Évreux holding 50% of the shares and full decision-making powers. Though, the national Directorate of management Consulting and Control (DNCCG) of the National Basketball League (LNB) urged us to increase our capital. We realized that relying solely on public funds was no longer enduring. The creation of SAS ALM Développement allows us to consolidate private shareholders and inject fresh capital into the club.
Senior Editor: Patrick, as a shareholder and chairman, how do you see this shift impacting the club’s operations?
Patrick Roussel: It’s a game-changer.The SAS now holds a 30% stake in the SEM and has joined its supervisory board. Our goal is to eventually hold 50% of the shares, balancing power with institutional stakeholders. This new structure ensures that the club’s future is driven by private investment, which is essential for long-term sustainability.
A New Financial Model
Senior Editor: Loïc, you mentioned the need for financial sustainability. Can you elaborate on how the new model addresses this?
Loïc Cavelier: Absolutely. Community budgets are shrinking, and we couldn’t wait for the municipality to tell us they could no longer finance us. The SAS allows us to open our capital to new investors, with an entry ticket of €5,000. This initiative is designed to attract local supporters and businesses, ensuring the club’s financial stability and growth.
Senior Editor: Patrick, what’s the response been like from the community so far?
Patrick Roussel: It’s been incredibly positive. We’ve already raised €110,000 within months of launching the SAS. People see this as an opportunity to be part of something bigger—a chance to support thier local team while contributing to its success. It’s not just about basketball; it’s about community pride and economic impact.
A Legacy of Excellence
Senior Editor: ALM Évreux Basket has a rich history in the LNB Pro B league. How does this new chapter align with the club’s legacy?
Loïc Cavelier: The club has always been a symbol of excellence in the region. This new chapter builds on that legacy by ensuring that we remain competitive both on and off the court. The shift to private investment reflects broader trends in sports management, where financial sustainability is increasingly tied to private funding.
Patrick roussel: Exactly. We’re not just preserving the club’s history—we’re writing a new chapter. This is about securing the future of ALM Évreux Basket for the next generation of players and fans.
Key Milestones in ALM Évreux Basket’s Transformation
| Event | Date | Impact |
|————————————|——————–|—————————————————————————-|
| Creation of SEM ALM basketball | 1989 | Enabled the club to compete in professional leagues. |
| Formation of SAS ALM Développement | December 18,2024 | Consolidated private shareholders,marking a new financial model. |
| Capital Restructuring | December 28, 2024 | Shifted control from municipal to private stakeholders. |
| €110,000 Capitalized | Early 2025 | Strengthened the club’s financial position and operational capabilities. |
Looking Ahead
Senior Editor: What’s next for ALM Évreux Basket?
Loïc Cavelier: The future is shining. We’re focused on building a strong, sustainable club that can compete at the highest levels. The SAS is just the begining—we’re inviting the community to join us on this journey.
Patrick Roussel: this is more than a financial restructuring; it’s a bold step toward securing the club’s future. We’re confident that with the support of our investors and fans, ALM Évreux Basket will continue to thrive.
The story of ALM Évreux Basket is far from over—it’s just entering a new, dynamic phase. For those interested in supporting the club, SAS ALM Développement’s open capital initiative offers a unique opportunity to be part of this exciting journey. With an entry ticket of €5,000, the club is inviting the community to play a direct role in shaping its future.
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For more data on how to get involved, visit ALM Évreux Basket’s official website.
