( CNN ) -- The Mexican Football Federation have pulled out of the bidding process for both the 2018 and 2022 World Cups because of financial concerns during the current economic downturn . The World Cup will not be returning to Mexico after the country pulled out of the buidding process . In a statement on their official Web site , the federation said : `` The decision is based on two premises : the global economic environment and the investment required in infrastructure . `` The outlook regarding the global economic environment does not allow the country 's authorities -- neither at federal nor local government level -- to commit funds towards the necessary works that will be required . '' The federation added that it would be `` practically impossible '' to find the public and private investment required to bring the country 's stadia up to scratch in time to stage the event . `` In Mexico we do have a sufficient number of stadia to stage the contest , but the majority of these were built several years ago to meet old FIFA requirements , '' the statement continued . Mexico , who hosted the World Cup in 1970 and 1986 , were always considered outsiders in the 2018/2022 tender . With the neighbouring United States putting together an impressive bid and the 2014 edition being staged in Brazil , it was always unlikely that FIFA would opt for more than one country in the Americas when voting on the hosts for the 2018 and 2022 events . The other bidders include England , Australia , Indonesia , Japan and Russia , while Portugal and Spain have tabled a joint bid , as have Belgium and the Netherlands . South Korea and Qatar will compete with the other eight bids to host the 2022 World Cup , with FIFA set to decide on the hosts of both events in December 2010 . FIFA secretary general Jerome Valcke added : `` Even though Mexico , one of the biggest football nations on earth and host of two FIFA World Cups , has finally opted to withdraw its bid to stage a third edition , FIFA wishes to thank the whole Mexican football family for having taken part in this process . `` We obviously fully respect this decision and are very much looking forward to continued cooperation with the Mexican Football Federation as another very nice goal approaches , namely the FIFA Under-17 World Cup 2011 , for which the preparations are well on track . ''
Mexico pull out of the bidding process to stage the 2018 and 2022 World Cups . The Mexican Football Federation blamed financial concerns for their decision . Mexico were always considered one of the outsiders in the 2018/2022 tender .