Liverpool co-owner George Gillett has admitted the club's financial difficulties have left him red-faced.
Gillett arrived at Anfield early last year alongside fellow American Tom Hicks, and the pair made the building of a new stadium in Stanley Park a top priority. However, after months of speculation over their ability to fund the project, it was recently shelved until the current financial crisis eases.
"You feel a responsibility and an embarrassment on occasions when you haven't provided all you might have," Gillett told The Independent.
"There's a level of embarrassment and you want to correct it quickly."
Copyright (c) PA Sport 2008, All Rights Reserved.