国际足联拟出售世界杯子公司股权遭欧足联强烈谴责FIFA Plans to Sell Stakes in World Cup Subsidiary, Drawing UEFA Condemnation

根据国际足联周二公布的方案，新成立的商业子公司名为“FIFA Forward Enterprise”（FFE），将专门负责男子世界杯、女子世界杯以及新推出的世俱杯的商业决策，包括决定这些赛事的广播权和商业权利。尽管将商业运营剥离，但国际足联强调其仍将保留作为主要管理机构的职责，继续主导所有体育层面的决策，并保持对该子公司的控股权。

Under the proposal announced by FIFA on Tuesday, the newly established commercial subsidiary, named FIFA Forward Enterprise (FFE), will handle all commercial decisions for the men's and women's World Cups as well as the recently introduced Club World Cup. This mandate includes managing the highly lucrative broadcasting and commercial rights for these major tournaments. FIFA emphasized that it will retain its role as the sport's primary governing body, meaning it will remain in charge of all sporting decisions while maintaining majority ownership of the new commercial entity.

该子公司的初始股权估值为200亿美元。国际足联计划通过向精心挑选的长期投资者出售少数、非控制性股权（至多20%），在今年晚些时候筹集至多42亿美元。国际足联表示，此举筹集的资金将用于支持全球足球发展计划。然而，这一将世界杯部分股权向私人投资者出售的尝试在足球界尚属首次，并已迅速引发了关于商业利益与体育监管职责冲突的广泛担忧。

The new subsidiary has been given an initial equity valuation of $20 billion. FIFA aims to raise up to $4.2 billion later this year by selling minority, non-controlling stakes of up to 20% to carefully selected long-term investors. According to FIFA, the capital raised from this transaction will be used to fund football development programs globally. However, this unprecedented move to sell partial stakes in the World Cup to private investors has immediately sparked concerns regarding potential conflicts between private profit motives and FIFA's regulatory responsibilities.

在金融与政治层面的运作上，国际足联正与华尔街投资银行摩根大通展开合作。拟议中的投资财团预计将由投资工具“Thrive Eternal”领投。该投资工具由约书亚·库什纳创立，他是美国总统唐纳德·特朗普女婿贾里德·库什纳的弟弟。这一潜在的投资背景，使得国际足联与特朗普之间的政治及个人关系受到了更广泛的审视。

On the financial and political front, FIFA is collaborating with Wall Street investment bank J.P. Morgan to structure the deal. The proposed investor group is expected to be led by Thrive Eternal, an investment vehicle founded by Joshua Kushner, who is the brother of U.S. President Donald Trump's son-in-law, Jared Kushner. This potential backing has intensified scrutiny over the political and personal ties surrounding the global football body.

本月刚刚结束的男子世界杯进一步加深了特朗普与国际足联主席詹尼·因凡蒂诺之间的联系。这种紧密的政治关联已经引发了外界的担忧，其中也包括来自欧洲足联的质疑。随着该项200亿美元商业子公司计划的披露，国际足联与特定政治家族及华尔街巨头的合作，正面临来自欧洲足球管理机构更严厉的审视。

The men's World Cup, which concluded earlier this month, only deepened the relationship between President Trump and FIFA President Gianni Infantino. These growing connections have fueled concerns among football stakeholders, including European soccer's governing body, UEFA. As details of the proposed $20 billion commercial subsidiary emerge, the involvement of a Kushner-linked investment vehicle alongside J.P. Morgan has placed FIFA's political alignments under a sharper spotlight.

欧洲足联对国际足联的这一提案表达了强烈的反对。在国际足联于周二正式公布该计划之前，欧洲足联就根据媒体的披露内容发表了谴责声明。欧足联在声明中明确指出，“足球不属于国际足联来出售”，并强调“我们谁都不是足球的主人”。该机构批评国际足联的这一商业化方案跨越了足球管理机构绝不应该跨越的红线，外界也担忧此举会将过多对赛事的控制权和影响力让渡给私人投资者。

UEFA expressed fierce opposition to FIFA's proposal. Even before FIFA officially announced the plan on Tuesday, the European governing body took the unusual step of issuing a condemnation based on initial media leaks. In its statement, UEFA declared that "it is not FIFA's to sell" and added that "none of us are the owners of football." The organization asserted that the commercial spin-off plan crossed a line that football's governing institutions should never cross, reflecting broader concerns that the deal would hand too much influence over major tournaments to private investors.

为了商讨具体的应对措施，欧足联的55个成员协会计划于本周晚些时候召开一次紧急虚拟会议。此次会议将为各成员协会提供一个制定行动计划的平台。据透露，会议期间各方将对国际足联的争议性提案进行深入讨论，届时甚至可能会提出抵制世界杯这一极端的应对选项，以阻止该股权出售计划的推进。

To coordinate a response, UEFA's 55 member associations will hold an emergency virtual meeting later this week. This meeting will provide an opportunity for the member associations to discuss the controversial proposal and formulate a concrete plan of action. Discussions during the session are expected to address various options to counter the initiative, which may include raising the possibility of a World Cup boycott to challenge the progression of the commercial stake sale.

批评人士对该提案表达了深切担忧，指出将私人盈利动机引入全球足球治理可能会引发利益冲突。他们警告称，引入外部投资者持有主要赛事商业运营的股份，可能会损害国际足联作为该项运动独立监管机构的核心职责。如何在满足私人股东财务诉求的同时，兼顾全球足球运动更广泛的发展与监管需求，对这项运动的传统结构构成了根本性挑战。

Critics of the proposal have raised significant concerns regarding the potential conflicts of interest that could arise from introducing private profit motives into the governance of global football. They warn that bringing in external investors to hold stakes in the commercial operations of major tournaments could compromise FIFA's primary responsibility as the sport's independent regulator. Balancing the financial demands of private shareholders with the broader developmental and regulatory needs of the global game presents a fundamental challenge to the sport's traditional structure.

尽管面临这些担忧以及来自欧洲足球管理机构的强烈反对，该商业分拆计划并不能自动实施。成立“FIFA Forward Enterprise”并出售少数股权的提案仍须提交至正式的投票程序。该方案最终需要获得国际足联211个成员国的投票表决通过，才能得以推进。这些成员国将最终决定是否接受这一将世界杯引入私人投资的史无前例的转变。

Despite these mounting concerns and the fierce backlash from European football authorities, the commercial spin-off plan cannot proceed automatically. The proposal to establish FIFA Forward Enterprise and sell minority stakes must still be submitted to a formal vote of approval. To be implemented, the initiative requires the backing of FIFA's 211 member nations, who will ultimately decide whether to embrace this unprecedented shift toward private investment in the World Cup.