Spain arrives in 2026 as something they haven't been in over a decade: the pre-tournament favorite. The Euro 2024 title was the beginning of this — seven matches, seven wins, a manager (Luis de la Fuente) who almost no one outside Spain rated, and an 18-year-old winger who had never started a major tournament match playing like he'd been doing it for ten years.
The Yamal generation isn't a slogan, it's a roster. Pedri and Lamine Yamal at Barcelona. Pau Cubarsí, the 19-year-old center back, also at Barça. Fermín López and Dani Olmo. Rodri at Manchester City when his knee allows. Mikel Merino at Arsenal. Nico Williams at Athletic. The depth in midfield is genuinely embarrassing — De la Fuente will leave Champions League starters at home and nobody outside Spain will notice.
The risk, as always with Spain, is the same risk Spain has always carried: the most beautiful team on the pitch can occasionally be the one who runs out of ideas in the 75th minute against a team that just defends. Italy did it to them in 2024 group stage. Morocco did it to them in 2022. If they hit one of those nights this summer, the reckoning will be loud. If they don't, this is a coronation.