America who are owned by media giants Televisa and are Mexico's richest club are aiming to follow in the footsteps of arch-rivals Guadalajara the Chivas and enter a subsidiary club in Major League Soccer (MLS) in the United States.
"The project in the United States is a high priority for the institution and Perez Teuffer with his successful background and his experience is the most qualified person in the company to lead it the club said on its official website.
Guadalajara's subsidiary Chivas USA will join MLS next year and be based in Los Angeles.
America dominated Mexican football in the 1980s but have won only one title -- the 2002 Verano (Summer) championship -- in the last 13 years.
A host of high profile players and coaches have come and gone as the club attempt to reverse the trend.
After America failed to win anything in the 2003-2004 season Dutch coach Leo Beenhakker was sacked and players such as Mexico striker Cuauhtemoc Blanco and Colombian midfielder Frankie Oviedo were transferred.
They were replaced with another army of new signings including Argentines Claudio Lopez and Horacio Ameli and former Brazil midfielder Djalminha.
Meanwhile former Argentina captain Oscar Ruggeri was brought in as coach. But Ruggeri resigned after only six games and America crashed 4-1 to Necaxa on Sunday as his replacement Mario Carillo took over.
The team have picked up only seven points from as many games and are already in danger of failing to qualify for the knockout stages -- known as the Liguilla -- of the Apertura championship.