The FMF was established on August 23, 1927[2] to replace the Federación Central de Fútbol and its first president was Humberto Garza Ramos.[3] The first Mexican national team was established in 1923, its first match was that same year with a victory against Guatemala and its first international participation was in the 1928 Olympic Football Tournament in Amsterdam.The first senior titles achieved by the national team were in the football tournament in the multi-sport event of the Central American and Caribbean Games, winning two gold medals (1935 and 1938).The first senior titles achieved by the women's national team were in the football tournament in the Central American and Caribbean Games, winning three gold medals (2014, 2018 and 2023).Of those groups that own more than one team, that ownership is usually split between the top two tiers of the league and act as a form of player development.The issue came to fore when rumor was that Carlos Slim, whose telecommunications company América Móvil owns a 30% stake in Grupo Pachuca,[14] sought to acquire Guadalajara; he would refute the speculation.[18] In April 2017, the Federación, with Canada and the United States, announced a joint bid to host the World Cup.