Mexican soccer officials break ranks with US and Canada by not rejecting FIFA’s World Cup privatization plan

The Mexican Football Federation (FMF) has diverged from its counterparts in the United States and Canada by not dismissing FIFA's plan to integrate private investors into the World Cup's commercial rights. FIFA President Gianni Infantino's proposed plan, backed by plans to create a commercial subsidiary (FFE) with a valuation of $20 billion, has been met with widespread criticism.

While FMF stated it is conducting a "process of study and analysis" to decide the best path for Mexican soccer, they did not formally endorse Concacaf's hasty dismissal of the proposal. Concacaf, consisting of Mexico, the U.S., and Canada, expressed deep concerns over the lack of proper process and rushed deadline. The rejection was supported by the U.S. and Canada, who questioned the necessity of private equity after the most profitable FIFA World Cup in history and pointed to FIFA's substantial reserves.

FIFA proposes that FFE would generate up to $4.2 billion via investments, primarily with J.P. Morgan and Thrive Capital. The plan has faced immediate backlash, with UEFA unanimously deciding to boycott the World Cup and other FIFA competitions if the project proceeds.