From 1994 to 1999, Olimpia would produce the debut of several youth team graduates and future national team players, such as Richart Baez (1993), Denis Caniza (1994), Carlos Humberto Paredes (1996), Roque Santa Cruz (1997), Ruben Maldonado (1997) and Julio César Caceres (1999). Baez was transferred to J1 League club Avispa Fukuoka whilst Santa Cruz, Paredes, Maldonado and Caceres were transferred to UEFA clubs. Five of the six players went on to play at FIFA World Cup tournaments for Paraguay. Olimpia also had won trophies in Paraguay's Primera División in 1993, 1995 and then consecuitively from 1997 to 2000, before winning the Copa Libertadores de América in 2002.