Vital Football

Latest Arsenal FC News

Hill-Wood: No Offers & Not For Sale

Hill-Wood: No Offers & Not For Sale

Yesterday was the day of the AGM and with it brought a grilling for the Arsenal board over the rumours & concerns of a possible takeover, Chelsea style, of Arsenal Football Club.

I guess to a club like Chelsea who were in financial dire-straights the sight of Roman Abramovitch's rubles were like an oasis in the Sahara, but to a self suffcient club like Arsenal, we have no need for such investors.

Indeed the board confirmed that we could still remain operational and have the fiscal matter to pay off the debts with an average crowd of 32,000, but lets face it, it'll never drop that low.

Most Arsenal fans are united in the fact that we would not, strike that, DO NOT want our club to be sold to any Russian, or American for that matter, billionaires. Even though we have our gripes with the board and grow increasingly frustrated with decisions that have been made without the fans in mind, we know that everything is being done with the club in mind.

The guys on the board are Arsenal men, and they would never do anything to harm the club. They know Arsene Wenger and what he is capable of and leave him to the business of winning trophies, could we really risk some buffoon taking over and deciding he knows whats best? I don't think so.

Peter Hill-Wood did his best to lay everyone's mind at ease at the AGM yesterday with a brief but a very 'matter-of-fact' statment.

'We made a statement to Ofex when there were recent rumours of a takeover,' said Hill-Wood. 'We assured the Stock Exchange that we had not had an approach, we were not seeking an approach and we had absolutely no intention of selling to a foreign buyer.'


Click here to join in the debate on the club forum.

Writer:Rocky7
Date:Friday October 20 2006
Time: 8:56AM

Comments

0
I think long term your club will be a lot better off than chelski , what will happen when Roman gets bored with his toy and leaves ??
dazednconfuzed
20/10/2006 09:02:00
0
veeery true people hope we never sell
mish
20/10/2006 09:43:00
0
We had a meeting at the gooner two weeks ago and a guy called Nigel Phillips came along, he's the secretary of the supporter's club. He made the point that nearly all of our majority shareholders are over 65, so the long term of our club is in no way insulated from this kind of thing. The supporters trust are urging supporters to buy shares and join the trust so that fans can have a really big say in the club and try and protect us from this kind of threat. This guy does a HUGE amount of work for free, he has tried- and in most cases succedded- in meeting with every single Arsenal shareholder in his own free time. The big question is over Lady Bracewell Smith, who has inherited a huge share and is unwilling to declare her plans for it. ITV have also said they are willing to sell. Dein himself will not even divulge his plans and commit long term.
Little Dutch
20/10/2006 20:20:00
0
I will be gutted and devastated if Arsenal ever lands in some mongrel's hands.
SWPACIFIC
21/10/2006 06:25:00
Page 1/1
  1. 1

Login to post a comment

Recent Arsenal Articles

Match Day Officials v Manchester City (2/4/17)

The Premier League have now announced the Match Day officials that will take charge of the game against Manchester City this Sunday.

2016/17 Assist Kings (29/3/17)

The final international break of the Premier League 2016/17 season ticks on by and a number of players are still in the chase to take this year's assist King crown recognition.

Chelsea In For £50million Alexis?

A couple of reports are now doing the rounds suggesting that Chelsea will be expected to hand over around £50million if they have designs on Alexis Sanchez this summer.

Premier League Free Agents 2017

As the summer nears and contracts come to an end, should the club have an interest in any of the following free transfers from Premier League oppositions?

Archived Vital Arsenal Articles

Vital Arsenal articles from

Site Journalists

Write for Vital Arsenal
Write For Vital Arsenal
Apply Here

Current Poll (see more polls)

West Brom MotM
Suggested By:
Cech0%
Bellerin4%
Mustafi0%
Koscielny0%
Monreal4%
Oxlade-Chamberlain0%
Xhaka36%
Walcott0%
Ramsey8%
Welbeck4%
Sanchez44%
Sub-Ospina0%
Sub-Giroud0%
Sub-Iwobi0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Chelsea 28 22 3 3 69 38
2 Spurs 28 17 8 3 59 34
3 Man City 28 17 6 5 57 24
4 Liverpool 29 16 8 5 56 25
5 Man Utd 27 14 10 3 52 19
6 Arsenal 27 15 5 7 50 22
7 Everton 29 14 8 7 50 21
8 WBA 29 12 7 10 43 1
9 Stoke 29 9 9 11 36 -9
10 Southampton 27 9 6 12 33 -3
11 AFC Bournemouth 29 9 6 14 33 -12
12 West Ham 29 9 6 14 33 -12
13 Burnley 29 9 5 15 32 -11
14 Watford 28 8 7 13 31 -15
15 Leicester City 28 8 6 14 30 -14
16 Crystal Palace 28 8 4 16 28 -10
17 Swansea 29 8 3 18 27 -27
18 Hull City 29 6 6 17 24 -32
19 Middlesbrough 28 4 10 14 22 -13
20 Sunderland 28 5 5 18 20 -26
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Arsenal Results (view all)

Arsenal Fixtures (view all)

Apr 2 2017 4:00PM : Manchester City (H)
Barclays Premier League
Apr 5 2017 7:45PM : West Ham United (H)
Barclays Premier League
Apr 10 2017 8:00PM : Crystal Palace (a)
Barclays Premier League
Apr 17 2017 8:00PM : Middlesbrough (a)
Barclays Premier League
Apr 22 2017 3:00PM : Sunderland (H)
Barclays Premier League
Apr 23 2017 3:00PM : Manchester City (H)
FA Cup

Vital Members League Table

RankNamePoints
1.connor2
2.Naijagunner1
Write for Vital Football