The sums say Spain will win the World Cup

Spain is going to win the World Cup, beating England in the final. At least that’s the opinion of the German branch of an Italian bank.

Unicredit economist Andreas Rees has ranked the World Cup teams according to the combined transfer value of each squad’s players. Rees has reasoned that “the strength of a team is best reflected in the transfer value of its players” as ultimately “the higher the price of a player, the greater the assessment of his football skills”.

For Spain its status as the most expensive squad of players is consistent with its number one FIFA ranking. However, looking further down the list (see the Blooomberg chart below), it would appear the transfer market has seriously “overvalued” England and undervalued Brazil.

English football players over-paid and over-rated? Surely not.