Sorry for the noob question, I always meant to ask someone since I was a kid but never really found someone who knew. I've got a pretty good guess that it's basically the team name in French, but is someone feeling charitable enough to fill me in on something that's been killing me for more than a decade now?
EDIT: I apologize for the past tense in the thread. Wasn't thinking. ELB still stands for everything it ever stood for of course.