If I was a fan of England, this wouldn’t make me feel too confident. J.P. Morgan’s quant team used FIFA Ranking, historical results, and something called “J.P. Morgan Team Strength Indicator” to predict the winner of the 2010 World Cup. Their results:
Ultimately our Model indicates Brazil as being the strongest team taking part in the tournament. However, due to the fixture schedule our Model predicts the following final outcome: 3rd: Netherlands, 2nd: Spain, World Cup Winners: England. Alternatively, we point out that the 3 favourite teams (from market prices recorded on 30 April of 3.9-to-1 for Spain, 5-to-1 for Brazil and 5.4-to-1 for England) represent a 52.5% probability of winning the World Cup.
If you’re more of a UBS (wo)man, they have it as (1) Brazil, (2) Germany, (3) Italy.