Olympics: 'I don't know if guards speak English', says G4S chief Mr Buckley said there were probably roles within the security structure which did not involve direct contact with the public and said that he would look into the matter raised. The chief executive said the shambles will cost the firm between £30 million and £50 million, including a fine of between £10 million and £20 million for its failure to deliver its contract. The rest of the costs will be paid to the military for drafting in thousands of soldiers to man security at the Olympics. He said the company only realised that "something had gone wrong" eight or nine days ago, when it became clear that the number of successful applicants in the recruitment process was not high enough. Mr Buckley said Olympic organisers and the Government were aware that the company had planned to "compress" training, recruitment and vetting of staff into the last seven or eight weeks before the opening ceremony. He insisted the decision to leave so much of the process to the last few weeks before the events was not an attempt to cut costs but driven by the fact the company was recruiting from groups such as students who were not available for training at an earlier stage. Asked if he had let Britain down, Mr Buckley said: "I accept that we underestimated the task of supplying staff for the Olympics and we deeply regret that." He said the company had faced a "daunting" task which it had failed to achieve, and said it would not make any money from the event, with the firm expecting to spend between £310 million and £320 million on its work and to be paid around £280 million. Mr Buckley said the firm was "very grateful" to the military and to individual soldiers for "giving up time with their families" to step in and man the Olympics, though he acknowledged the troops had been given no choice. Lord Coe, the chairman of the Olympic organising committee, said it was not possible to rule out even more military personnel having to be deployed. And in a further blow to G4S more police may now be called in to provide security. Scotland Yard commanders are said to be "seething" after losing confidence in G4S and feel they are now having to "pick up the pieces." In a statement issued late on Saturday night, which is likely to hit its share price when trading begins on Monday morning, G4S said:"G4S accepts its responsibility for the additional cost of the increased military deployment resulting from the shortfall in workforce delivery. In the statement Mr Buckles said: "We are deeply disappointed that we have not been able to fully deliver against our contract with Locog and that it has been necessary to call upon the additional military personnel. The statement appears unlikely to end the criticism and comes in the face of calls for G4S to foot the bill for the cost of deploying the troops, many of whom have only recently returned from Afghanistan. In the interview on Saturday, Mr Buckles said G4S expected to pay penalty payments and the cost of deploying the military. Mr Buckles has been summoned to appear before the home affairs committee of MPs on Tuesday.