Do Not Underestimate European Soil

Here is an interesting item, the World Cup winner is most often from the same continent as where the host country. In fact, 15 of the previous 17 World Cup winners have come from the same continent as the host.

European Soil:
European team: 8
American team: 1
Asian team: 0
African team: 0

American Soil:
European team: 7
American team: 0
Asian team: 0
African team: 0


Asian Soil:
European team: 0
American team: 1
Asian team: 0
African team: 0

Year	Winner	Runner-Up	Score	Location
1930	Uruguay	Argentina	4 - 2	Montevideo, Uruguay
1934	Italy	Czechoslovakia	2 - 1	Rome, Italy
1938	Italy	Hungary	4 - 2	Paris, France
1950	Uruguay	Brazil	2 - 1	Rio de Janeiro, Brazil
1954	West Germany	Hungary	3 - 2	Bern, Switzerland
1958	Brazil	Sweden	5 - 2	Stockholm, Sweden
1962	Brazil	Czechoslovakia	3 - 1	Santiago, Chile
1966	England	West Germany	4 - 2	London, England
1970	Brazil	Italy	4 - 1	Mexico City, Mexico
1974	West Germany	Netherlands	2 - 1	Munich, Germany
1978	Argentina	Netherlands	3 - 1	Buenos Aires, Argentina
1982	Italy	West Germany	3 - 1	Madrid, Spain
1986	Argentina	West Germany	3 - 2	Mexico City, Mexico
1990	West Germany	Argentina	1 - 0	Rome, Italy
1994	Brazil	Italy	0 - 0	Pasadena, California
1998	France	Brazil	3 - 0	Saint-Denis, France
2002	Brazil	Germany	2 - 0	Korea / Japan

Does this give additional credibility to the prediction of Italy winning this years World Cup?