Liverpool legend Jamie Carragher has explained why he's so far ducked management.

He instead decided to step into the world of punditry where he has formed an effective partnership with axed Valencia boss Gary Neville.

Carragher says in the book, 'Ring of Fire', "That's the one thing I enjoy about not playing: not suffering the disappointment.

"The low of the disappointment was more extreme than the high of the victory.

"When you did well, you felt only relief.

"You were happy that your head wasn't going to be battered for a week.

"You could get on with your life, take the kids to school - everything was fine.

"It wasn't as if you were buzzing. The worries went away for a short time. When we lost, I only felt enormous guilt. It was horrible."