The 2026 World Cup had a significant financial impact on Grupo Ollamani. The conglomerate, which owns Banorte Stadium and Club América, reported a cumulative consolidated net loss of 548.2 million pesos as of the end of June, a figure that could still increase once the results for July are included.
In the report submitted to the Mexican Stock Exchange, the company explained that the result includes a net negative impact of approximately 557.2 million pesos related to so-called “FIFA Operations,” which it described as temporary and non-recurring activities stemming from the organization of the World Cup, and therefore stated that these results do not reflect the company’s normal performance.
Included in that balance sheet were expenses for the renovation of Banorte Stadium, investments to enable Mexico City to host the 2026 World Cup, costs associated with hosting five tournament matches, and the deficit resulting from the dispute with the owners of the stadium’s luxury suites and general admission seats.
Ollamani also noted that, at the same time, the company made investments focused on modernizing Banorte Stadium, with improvements to infrastructure, functionality, operational capacity, and digitization. The company emphasized that these projects represent long-term benefits and are independent of the financial impacts recorded during the World Cup period.
The net loss could still increase by 255.9 million pesos, as the report only covers financial statements through June 2026. The results for July—when the match between Mexico and England was played at Banorte Stadium—will be disclosed in the financial report for the third quarter of the year.
Despite the economic impact, Grupo Ollamani managed to absorb some of the extraordinary costs resulting from the World Cup, including the payment of more than one billion pesos to FIFA to ensure that the rights of box and general admission seat owners are respected during the 2026 World Cup.
