The forward joined Rovers in 2011 from Newell Old Boys but has enjoyed only limited success during his spell in England.
Formica, who played for Palermo on loan in the second half of last season, leaves Ewood Park having scored just five goals in 55 games.
Neither club have revealed how much the deal taking Formica to Mexico has cost.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sunderland | 9 | 6 | 1 | 2 | 18 | 8 | 10 | 19 |
| 2 | Sheffield UnitedSheff Utd | 9 | 6 | 3 | 0 | 12 | 3 | 9 | 19 |
| 3 | Burnley | 9 | 5 | 3 | 1 | 14 | 4 | 10 | 18 |
| 4 | West Bromwich AlbionWest Brom | 9 | 5 | 2 | 2 | 12 | 6 | 6 | 17 |
| 5 | Leeds UnitedLeeds | 9 | 4 | 4 | 1 | 15 | 7 | 8 | 16 |
| 6 | Watford | 9 | 5 | 1 | 3 | 14 | 14 | 0 | 16 |
| 7 | Norwich CityNorwich | 9 | 4 | 3 | 2 | 16 | 10 | 6 | 15 |
| 8 | Blackburn RoversBlackburn | 9 | 4 | 3 | 2 | 15 | 11 | 4 | 15 |
| 9 | Middlesbrough | 9 | 4 | 2 | 3 | 10 | 7 | 3 | 14 |
| 10 | Oxford UnitedOxford Utd | 9 | 3 | 3 | 3 | 13 | 11 | 2 | 12 |
| 11 | Swansea CitySwansea | 9 | 3 | 3 | 3 | 8 | 6 | 2 | 12 |
| 12 | Derby CountyDerby | 9 | 4 | 0 | 5 | 12 | 12 | 0 | 12 |
| 13 | Hull City | 9 | 3 | 3 | 3 | 12 | 13 | -1 | 12 |
| 14 | Plymouth ArgylePlymouth | 9 | 3 | 2 | 4 | 10 | 13 | -3 | 11 |
| 15 | Sheffield WednesdaySheff Weds | 9 | 3 | 2 | 4 | 11 | 15 | -4 | 11 |
| 16 | Stoke CityStoke | 9 | 3 | 1 | 5 | 10 | 12 | -2 | 10 |
| 17 | Bristol City | 8 | 2 | 4 | 2 | 9 | 13 | -4 | 10 |
| 18 | Millwall | 9 | 2 | 3 | 4 | 12 | 11 | 1 | 9 |
| 19 | Preston North EndPreston | 9 | 2 | 3 | 4 | 7 | 12 | -5 | 9 |
| 20 | Coventry CityCoventry | 9 | 2 | 2 | 5 | 10 | 13 | -3 | 8 |
| 21 | Luton TownLuton | 9 | 2 | 2 | 5 | 8 | 15 | -7 | 8 |
| 22 | Queens Park RangersQPR | 9 | 1 | 4 | 4 | 9 | 16 | -7 | 7 |
| 23 | Portsmouth | 9 | 0 | 5 | 4 | 9 | 20 | -11 | 5 |
| 24 | Cardiff CityCardiff | 8 | 1 | 1 | 6 | 3 | 17 | -14 | 4 |
| > Championship Full Table | |||||||||
