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FIFA was formed in Paris on March 21, 1904 and celebrated its 100th anniversary in 2004. It announced in April 2004 that it is expecting to earn $144 million profit on $1.64 billion in revenue between 2003 and 2006
The organisation works in conjunction with regional arms that oversee football development in the different parts of the world. The six confederations that comprise FIFA (and the regions that they govern) are:
FIFA organizes, amongst others, the following football competitions:
FIFA also promotes the sport, regulates the transfer of players between teams, awards the FIFA World Player of the YearThe FIFA World Player of the Year is a football award given annually to the male and female player who is thought to be the best in the world, based on votes by coaches of international teams. In a voting system based on a type of a Borda count, each coac, and publishes the FIFA World RankingsThe FIFA World Rankings were introduced in August 1993 to make it possible to publish comparisons of the relative strengths of internationally active teams at regular intervals. The rankings obtained are, unsurprisingly, the subject of considerable debate every month.
The laws of football that govern the game, are maintained by the International Football Association BoardThe International Football Association Board (IFAB is the body that determines the Laws of the Game of association football (soccer). The board was formed in 1882 after a meeting in Manchester of The Football Association (England), the Scottish Football A (IFAB), which consists of four representatives from FIFA. and one representative each from The Football AssociationThe Football Association The FA is the governing body of football in England. The FA was established in 1863 and is the oldest football association in the world. It was instrumental in formulating the rules of the modern game and has a special place in th, the Scottish Football Association, the Football Association of Wales, and the Irish Football Association.