Mexico out of World Cup Bid Running

One country just couldn't stand the heat I suppose. Mexico announced today that they will not be placing a bid for two future World Cups, 2018 and 2022. Mexican federation President Decio de Maria basically said the money wasn't there for the country to do a good enough bid right now.

First of all the stadium situation in Mexico isn't that great to go head-to-head with countries like the US for a World Cup bid.