Investment bank Goldman Sachs crunched data on 6000 matches played since 1980 to devise its probability model for Euro 2020. Its crack team took into account factors such as current team strength, along with recent performances, home advantage effects, and whether a country was a "tournament team" that outperforms during competitions. After Italy downed Belgium 2-1 in the quarters, the Goldman team, undeterred - despite now being on what you might call a forecasting yellow card- issued a new prediction. Schnittker and his team's prediction that England would win its semi over Denmark came true. Spain did not better Italy in the other semi, as predicted by the Goldman modelling.
Source: New Zealand Herald July 12, 2021 19:07 UTC