Financial Times FT.com

Goldman Sachs joins World Cup football bandwagon

Published: May 8 2006 12:59 | Last updated: May 8 2006 12:59

Goldman Sachs, the US investment bank, is advising clients against backing England to win the World Cup.

In a 50-plus page report on the World Cup and economics, the bank gives three reasons why it “very much” doubts England will win the tournament in Germany this summer.

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