The United States and Mexico submitted a joint bid to stage the 2027 FIFA Women’s World Cup on Friday.

The neighboring countries are up against a joint bid from Germany, Belgium and the Netherlands. Brazil is also expected to bid.

The tournament will take place one year after the U.S., Mexico and Canada host the men’s World Cup.

“The U.S. and Mexico are in a unique position to host a World Cup that will leverage the same venues, infrastructure, and protocols used for the Men’s World Cup just a year prior,” U.S. Soccer president Cindy Parlow Cone said in the statement. “As a result, we believe the time is right to host a FIFA Women’s World Cup that features a truly world-class experience for players and fans, alike. This will not only unlock the economic potential of women’s soccer, it will send a message to young players around the world that there is no limit to what they can achieve.”

The U.S. and Mexico have stated goals of generating $3 billion in revenue and attracting a total attendance of 4.5 million fans, according to the Wall Street Journal.

The U.S. hosted the Women’s World Cup in 1999 and 2003, while Mexico has yet to host the tournament. North America last hosted the Women’s World Cup in 2015, when it took place in Canada.

This year’s edition took place in Australia and New Zealand. It was the first time multiple countries worked together to host a Women’s World Cup.

The FIFA Congress is scheduled to choose a host proposal next May.

–Field Level Media