Actually, I would rate a match by the shots made thus:
0-4 Pretty poor
5-9 Decent
10-13 Good
13-16 Very good
17-19 Good
20-22 Decent
23+ Very poor.
What those stats tell is that England had a poor game in which they shot without any reason or sense and got lucky enough to get 4 goals, while Spain played with great head and knowing what they were doing, exploiting numerical superiority in counterattacks and having the needed patience to build their chances.
The result was a just one, Spain deserved to win. Or at least England didn't earn the victory.
Unfortunately I didn't take a screenshot, but a funny past experience in FM10 was defeating the AI team without any shot on target XD. I won 1-0, I think it was with my Burgos in La Liga, the goal was one of those flukes, a cross bounced and got in the net. I had 5 shots, 0 on target, 36% possession, AI 64% possession, 23 shots and 11 on target.
Let me show a few screenies:
FM10, my recently promoted Burgos vs Real Madrid:
FM10, my Burgos vs Barcelona the same season:
These two coming are from FM09 and they're fun because it's the AI that whines about this very same issue:
And two to show it can be done in FM11 as well: