In August of 2000, the Federation’s Board of Directors reviewed and unanimously approved Phase I of the Federation’s Business Plan. This marked the first step in executing a framework that emphasized a lean, efficient organization that would be fiscally stable, provide outstanding service to our members and invest in the future of our sport by emphasizing player and facility development.
In October of 2000, the Federation’s Board of Directors reviewed and unanimously approved Phase II of the Business Plan, which outlined in substantial detail, the complete financial framework and execution strategy. This framework provided a clear accounting of the Federation’s multiple business units and showed the critical business dynamics that would be need to be addressed for long-term success.
Phase III of the Business Plan was reviewed and unanimously approved by the Federation’s Board of Directors in May of 2002. This Phase provided an updated look at our overall business and continued to emphasize our commitment to meeting our five-year objectives and increasing our investment in player development for the future success and growth of our sport.
At the November 22, 2003 Board of Directors meeting, the Federation’s Board of Directors reviewed and unanimously approved Phase IV of the Federation’s business plan. This plan continues to emphasize the Federation’s commitment to player and facility development that was introduced in Phase I. It also elaborates on the Federations main initiatives and charts the course for the Federation to invest in and grow the sport of soccer for the future and for the benefit of all of its members.