U.S. Soccer Holds Surplus of Between $130-$140 Million
Much has been made of the current financial surplus of U.S. Soccer, which has been reported to be around $100 million following the success of the 2016 Copa America Centenario. But a source with direct knowledge of the situation says the actual number on the surplus is significantly higher: Between $130 million and $140 million.
While a significant portion of that surplus needs to be kept in reserve, U.S. Soccer has yet to decide on what to spend the rest of that money. Board discussions have centered on capital investments in infrastructure, youth development and new uses of technology to identify talent. But everyone has their own idea on what they think the surplus should go toward.
In May, SI.com reported that part of the surplus was being earmarked for a project called the "Innovate to Grow Fund," which would stimulate growth among membership at all levels, from the grassroots and up. U.S. Soccer was also engaged in talks over building a national training center with the surplus funds.