Lloyd’s has released research with the Centre for Economics and Business Research (Cebr) that ranks each team in the FIFA World Cup based on the collective insurable value of each country’s players. The total collective value is estimated at £6.2 billion (€7.7 billion/$10.5 billion).
Lloyd’s also predicted that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and therefore should come away with the prize in Rio.
Lloyd’s said “Cebr used players’ wages and endorsement incomes, alongside a collection of additional indicators, to construct an economic model which estimates players’ incomes until retirement. These projections formed the basis for assessing insurable values by player age, playing position and nationality.
The research was supported by Sporting Intelligence, which provided anonymized footballer salary data for each of the 32 teams participating in the 2014 FIFA World Cup, after the finalization of their 23-man squads.
A snapshot of the research shows that Germany, Spain, England and Brazil have the four most expensive teams in terms of insurable value and that the average insurable value of one England player is more than the entire Costa Rican team.
It also indicates that Group G [Germany, Portugal, Ghana and the U.S.] is the toughest group – with a combined insurable value of £1.2 billion [$2.036 billion] and Group C [Colombia, Greece, Ivory Coast and Japan] is the easiest group – with a combined insurable value of £340 million [$576.8 million].
And finally, taking the groups into account, Lloyd’s predicts a Germany vs. Spain final.
Marco Castro from Lloyd’s Brazil said: “It is incredible to see how much some of the teams playing in Rio are worth – the top three, Germany, Spain and England – are worth more than £1.7 billion [$2.88 billion] collectively. This is more than the bottom 20 teams combined.
“The predicted insurable values also clearly show which groups should be trickier to qualify from than others – and it’s far from a level playing field!
Source: Lloyd’s of London