Despite Dembele's superior trophy haul, the 1990 Ballon d'Or winner Matthaus expressed his personal preference for the young Spaniard's exciting style of play.
"Titles often tipped the scales in this election - especially when it was close. I'm thinking of Fabio Cannavaro, who lifted the trophy with Italy in 2006 after winning the World Cup. That's a good thing, because I don't see the award purely as an individual achievement," he wrote.
"But Yamal also won three titles with FC Barcelona . He would even get my vote if I were eligible to vote, because he brings something fresh and unpredictable to the game. Of course, it's possible that his teammate Raphinha, who also had a sensational season, will steal some of his votes.
"That's perfectly normal, and probably also the reason why no German player won the Ballon d'Or in 2014, despite the World Cup. But Germany excelled as a collective back then, and there was no single primary reason for their success. Regardless of whether Dembele or Yamal succeed Rodri, both would be worthy winners.
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