Questions and answers from Fifa regarding the creation of the subsidiary Fifa Forward Enterprise

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Questions and answers from Fifa regarding the creation of the subsidiary Fifa Forward Enterprise

National federations will receive an increase in program funds Fifa Forward up to US$20 million during the 2027-2030 cycle and they will be able to access another US$20 million through the new Fifa Fast Forward programif the creation of Fifa Forward Enterprise (FFE) is approved, according to the explanatory document released by Fifa.

1. Fifa Forward Enterprise (FFE) would be a subsidiary company, owned and controlled by Fifa, in charge of concentrating the commercial rights and operations of the organization’s events.

2. The subsidiary would manage the commercial rights and organization of Fifa tournaments, including sponsorships, broadcast rights, licenses and future commercial projects. Its goal would be to increase the value of those assets for the benefit of the 211 member associations, so that income growth also translates into greater distributions for them.

3. The revenue generated by FFE would go to Fifa and its member associations to be reinvested in the development of football through the Fifa Forward programme.

4. Fifa Forward program funding would increase from US$8 million per national association in the 2023-2026 cycle to US$20 million in the 2027-2030 period. Together, the investment would exceed US$4 billion for the 211 member associations. This increase would depend on additional commercial revenue generated by FFE.

5. The Fifa Fast Forward program (FFFP) would be a new modality within Fifa Forward that would allow each association to access another US$20 million between 2027 and 2030, additional to the US$20 million of the base program.

In this way, each federation could receive up to US$40 million before the 2030 World Cup. For the 2031-2034 cycle, the allocation of the Fifa Forward program would amount to US$22 million and, for the 2035-2038 period, US$24 million. Together, both programs would represent potential financing of US$86 million over 12 years.

6. FIFA Forward Enterprise plans to raise up to US$4.2 billion through the sale of minority stakes, with an initial valuation of US$20 billion. The investors would act as long-term minority partners. Fifa would retain control of FFE through majority representation on the Board of Directors.

7. Investors would have no representation on the Fifa Council, voting rights in Congress or participation in decisions related to the format, frequency, expansion of the World Cup or other sporting or regulatory matters. Their participation would be limited to FFE and they could sell their shares in future processes supervised by the Ffa.

8. Member associations would not receive FFE shares. The proposed funding would come from the Fifa Forward and Fifa Fast Forward programmes, not from a capital allocation. The projects would be subject to approval, audit and accountability processes.

9. Additional resources for the Fifa Fast Forward program would come from the sale of a minority, non-controlling stake in FFE to a group of long-term international investors.

These would be selected through a process led by JP Morgan, in coordination with the Fifa administration, based on strategic, governance and sustainability criteria.

10. The proposal does not contemplate a future position or compensation package for any individual. FFE would have its own executive team and board of directors, whose members would be appointed only if the project obtains the support of the majority of the member associations and the approval of the Fifa Council

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