Mexico's $3.2B World Cup 2026 gamble yields little joy or profit for locals

Mexico's $3.2B World Cup 2026 gamble yields little joy or profit for locals

Carousel of columnists from our website discuss World Cup expectations with 'The Home Team'; Luis Cardenas, Leon Krauze, and Maldonado among the guests

Mexico's $3.2B World Cup 2026 gamble yields little joy or profit for locals

Mexico has spent around $3.2 billion on preparations for the 2026 World Cup. Despite the investment, the event is expected to deliver only a small economic boost of 0.2 to 0.3 percent for the country. Many locals feel the benefits will not reach most citizens. Financial journalist Mario Maldonado called the 2026 World Cup one of the most profitable in FIFA’s history. Yet he also described it as 'one of the most joyless World Cups' due to recent events in Mexico. Issues like ticket sales, social protests, and limited economic gains have dampened enthusiasm.

High broadcasting fees set by FIFA have reduced profits for local businesses. Blockades and protests in Mexico City, led by the National Coordinating Committee of Education Workers, have further disrupted the usual festive mood. Luis Cárdenas, who admits knowing little about football, still looks forward to the social atmosphere but expressed disappointment in the event’s organisation.

Cárdenas stated, 'Mexico is so much more than this,' questioning why the tournament was not presented better to the world. Mario Maldonado added that the event seems designed to benefit only a select few, rather than the broader population. The 2026 World Cup is shaping up to be a financial success for FIFA but offers little economic gain for most Mexicans. Widespread disillusionment persists as protests and high costs overshadow the tournament’s usual excitement. The event’s limited benefits and joyless reputation have left many locals, like Cárdenas, underwhelmed.

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