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June 5, 2014

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ING: Spain Will Be Crowned Soccer Champions At World Cup in Brazil

The whole world is dancing to a wild soccer samba beat, or is in a heated betting mood, and this even includes the economists at ING. According to an article in the Wall Street Journal,  they have even attempted to predict which team is going to win the world soccer tournament, that is set to kick off in Brazil next week, based on the market value of each national team's squad.

The article in WSJ claims that to determine the market value of each team, the economists in ING used the transfer value of every member of the 23-man squads. According to the ING chart calculations, Spain should win the World Cup in Brazil followed by Germany and Brazil.

See the chart by ING:

A couple of days ago Goldman Sachs economists also made their own predictions, but they instead based their forecast on past performances claiming that Brazil will lift the trophy.

In such a framework, we here at HellasFrappe predict that Greece will win the title of World Champion. (lol... Sometimes its nice to dream a little ...)


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