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DagsJT
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Re: Liverpool Thread
GEORGE Gillett today claimed the weakness of the US dollar in international currency markets is making it difficult for him to invest in Liverpool.
Liverpool's co-owner told journalists at the IMG World Congress of Sports that the slump in the dollar has left him frustrated.
He said: "We've invested internationally with Liverpool and with Montreal in Canada, and it's had a very positive effect on both of them from the standpoint of strengthening the value.
"On the other hand, it's made it more difficult in terms of investing in those businesses because the dollar is really tremendously weak compared to where we started. It just costs us more to send money to those franchises, those businesses."
Gillett – who also owns the Montreal Canadiens ice hockey team and the Evernham Motorsports NASCAR team, also insisted that despite the ongoing controversy of his co-ownership of the club with Tom Hicks, he is still enjoying being associated with one of the biggest names in world sport.
"I'm really enjoying all three teams, but for different reasons. In Liverpool, it's a long distance away and there's been a fair amount of controversy over there.
"In spite of that, the boys are playing very well and I'm proud of them."
GEORGE Gillett today claimed the weakness of the US dollar in international currency markets is making it difficult for him to invest in Liverpool.
Liverpool's co-owner told journalists at the IMG World Congress of Sports that the slump in the dollar has left him frustrated.
He said: "We've invested internationally with Liverpool and with Montreal in Canada, and it's had a very positive effect on both of them from the standpoint of strengthening the value.
"On the other hand, it's made it more difficult in terms of investing in those businesses because the dollar is really tremendously weak compared to where we started. It just costs us more to send money to those franchises, those businesses."
Gillett – who also owns the Montreal Canadiens ice hockey team and the Evernham Motorsports NASCAR team, also insisted that despite the ongoing controversy of his co-ownership of the club with Tom Hicks, he is still enjoying being associated with one of the biggest names in world sport.
"I'm really enjoying all three teams, but for different reasons. In Liverpool, it's a long distance away and there's been a fair amount of controversy over there.
"In spite of that, the boys are playing very well and I'm proud of them."
