U.S. President Donald Trump is not alone in thinking that the G-7 is past its sell-by date, in terms of structure and effectiveness. According to Jim O'Neill, the ex-Goldman Sachs economist famed for creating the BRICs acronym, "the Group of Seven has become increasingly irrelevant in a world of new emerging powers."
If the World Cup tournament is any guide, something similar is happening in the world of football (known to some as "soccer"). The post-Second World War hierarchy is visibly crumbling as new powers emerge -- yet the shape of the new dispensation has yet to become clear.
