FIFA incredible ranking system left wanting

The world cup finals are making a mockery out of FIFA ranking system for its members. For years FIFA has been using a system of moving nations up and down the ranking ladder based on results of games played. Unless there are regular interchange of teams globally so that there is a good comparison that can be done internationally, the ranking system is likely to be flawed which is exactly what the June rankings and the world cup outcomes indicate. Commentators have been caught out as well as they have in many cases limited information to compare one team with another. The results many have been confounded by the results of world cup 2014.
FIFA number 1 team Spain won just one match but only after they were eliminated from this year’s world cup finals, the number 10 team England never even won a match, their no 9 ranked team managed just one win and bowed out of the tournament at the end of the preliminary round. The number 4th ranked team Portugal is in with a chance of staying in the top 16 but may well not make it.
The 28th team Costa Rica won all their matches against the 7th, 9th and 10th ranked teams, the team that was ranked at 44 is in the top 16. Korea Republic that was ranked at 57 did better than many ranked above them and so is the case with Iran that was ranked at 43, Ghana was ranked at 37 and is close to being in the top 16.
Something must be terrible wrong with a system that gets the ranking so wrong. FIFA needs to revisit this system if it to have credibility as the present system has little. But this is not the only thing that FIFA a body of mostly well aged men control. Cricket has moved to let technology help in determining the accuracy of developments during a cricket match, tennis has done so for years but FIFA has refused to move into the modern era except belated for goal post technology. The present series and past ones have had so many bad calls that the time has long gone for football to move fully into the modern world and let technology assists the referees on the field.