February 16, 2006
Many ways to determine richness
Everybody knows that Chelsea are the richest club in English football today, right?
Obviously there are many ways to determine richness, but according to this one, they're not.
Posted by James at 17:09
Tags for this entry: football
money
chelsea
deloitte
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Comments
I think that defining richness in terms of income rather than some measure of total assets is actively misleading, not just "one of many possible ways".
Posted by: Ganesh Sittampalam ![[OpenID Commenter Profile]](http://blog.jimbo.org.uk/static/openid-comment/openid.gif){kind=small}
at February 16, 2006 06:35 PM
Maybe, but it's the only one I read today :-)
Anyway, I think revenue is a reasonable indicator of money available for future spending, which is what really matters here.
Posted by: James ![[TypeKey Profile Page]](http://blog.jimbo.org.uk/nav-commenters.gif)
at February 16, 2006 06:59 PM
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