Tuesday, November 04, 2008

Gillett Admits To Feeling 'Embarrassed' Over Liverpool

With his appetite for remaining as Liverpool's co-owner in serious doubt, George Gillett has revealed ambitions to invest in other sports, with India seemingly now a source of interest to him.

Gillett has taken several trips to India and any investment there would come on top of his entry this month into the race to bring a Major League Soccer franchise to Montreal, Canada.

The 70-year-old did not say how long he intends to remain at Anfield, with or without co-owner Tom Hicks. "You feel a responsibility and an embarrassment on occasions when you haven't provided all you might have," Gillett said. "There's a level of embarrassment and you want to correct it quickly."

Gillett said that the financial crisis is affecting his sports interests. "All the sports teams I know of are re-examining all of their futures." He claimed that his sports franchises do not necessarily need big-money superstars.

"We now have [clubs] that will be successful in the long run, that can compete for the championship every year and don't depend on buying high-priced players every year," he said.

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