In an exclusive interview with Grantland Magazine, Noel said that he lost the desire to write music after the release of globally successful second album "(What's The Story?) Morning Glory?" which was released in 1995 and has to date sold around 14 million copies worldwide.
Noel told the magazine "We should have never made 'Standing On The Shoulder Of Giants'. I'd come to the end. At the time, I had no reason or desire to make music. I had no drive".
He continued to say "At the end of the cycle of 'Morning Glory', I was hailed as the greatest songwriter since Lennon and McCartney. Now, I know that I'm not, and I knew I wasn't then. But the perception of everybody since that period has been, 'What the fuck happened to this guy? Wasn't he supposed to be the next f*****g Beatles?'.
Let's say my career had gone backwards. Let say this new solo album had been my debut, and it was my last two records that sold 20 million copies instead of the first two records. Had this been the case, all the other albums leading up to those last two would be considered a fucking journey. They would be perceived as albums that represent the road to greatness".
He also spoke about the breakup of Oasis and said "Liam had to take responsibility for the f*****g words he was saying. I have a circle of friends, and he kept saying things that were upsetting to these people. And for years I ignored it, because I thought the band was more important. But at some point, I just decided I'd had enough of this. And when things got violent, I left".
The phrase "Standing On The Shoulder Of Giants" means "Using the understanding gained by major thinkers who have gone before in order to make intellectual progress" and the first recorded use of it was by 12th century theologian and author John of Salisbury in 1159, the phrase is also seen stamped around the edge of a British £2 coin.