Despite Mexico already hosting the football showpiece twice and the U.S hosting in 1994, a coalition bid between Mexico, the United States and Canada are favourites to host the 2026 tournament. 

If selected, the tournament is projected to rake in over $14 billion in profit for FIFA, which relies on profits from the World Cup to fund its numerous projects and grassroots football programs. 

After Australia's failed bid for the 2022 World Cup, in which it was revealed Australian taxpayer money was lavished on expensive gifts for FIFA delegates and bid consultants, Sepp Blatter reportedly said Australia never stood a chance.

"You never had a chance because you were never going to be competitive for the broadcasters," Blatter told Bonita Mersiades, member of the Australian bid team

"Not the time zone, not the money. It is obvious. We have to make enough money at the World Cup for the next four years and Australia wouldn't be able to do it."

Qatar and Qatari enterprises are reportedly paying hundreds of millions to FIFA through various incentives and broadcast deals in order to host the 2022 tournament - sums that Australia would never be able to match - but Australia is also disadvantaged due to our time-zone, which would see prime-time matches staged here occur in the middle of the night in Europe.

For his part, US Soccer president Carlos Cordeiro said a United States bid would be "the most successful World Cup ever.

"The question of who will host in 2026 has at times become mixed with geopolitics.

"We are asking that we be judged, not on the politics of the moment, but on the merits of our bid."

Morocco are another contender for the 2026 tournament, recently submitting a 193-page document explaining why they should receive the bid.