Topics

Brazil
The globe's soccer hotbed? Right now it's World Cup champion Germany
The globe's soccer hotbed? Right now it's World Cup champion Germany

Christian Seifert has been following soccer's summer transfer period with equal parts wonder and bemusement. There was Luis Suarez, jumping from Liverpool to Barcelona for nearly $130 million. James Rodriguez went from Monaco to Real Madrid for $108 million. And Alexis Sanchez left Barcelona for England's Arsenal for a bargain-basement $58 million. "We have our own holistic approach. It's not in the German nature to spend $100 million for one player," says Seifert who, as chief executive of Germany's top soccer league, the Bundesliga, should know. "Germans," he says, "love to have more money than they spend." Economic philosophies...

Loading