Arsenal - Hill-Wood: No Offers & Not For Sale
UK time is: 22:35:52
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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.

The Journalist

Writer: Rocky7 Mail feedback, articles or suggestions

Date:Friday October 20 2006

Time: 8:56AM

Your Comments (oldest first)

Change to most recent first
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 ??
Report Abuse
20/10/2006 09:02:00

veeery true people hope we never sell
Report Abuse
20/10/2006 09:43:00

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
Report Abuse
20/10/2006 20:20:00

I will be gutted and devastated if Arsenal ever lands in some mongrel's hands.
Report Abuse
21/10/2006 06:25:00


Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Arsenal Articles

The Arsenal Injury Table..Updated (Friday November 27 2015)

Infographic - Most Fouled....Sánchez (Wednesday November 25 2015)

Stats: Arsenal v Dinamo Zagreb (Tuesday November 24 2015)

Match Preview Arsenal vs Zagreb (Tuesday November 24 2015)

Archived Arsenal Articles

List All Vital Arsenal Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

1. Naijagunner 25
2. Galway Gooner 18
3. 0716389009 16
4. Wyn Mills 6
5. Afcdc 4
6. Guyfox 2
7. phreddy 2
8. Nwankwo25 2
9. Pat Rick 1
10. Will-i-am10 1

League Table (view table)

Team P W D L GD Pts
1. Leicester City 13 8 4 1 8 28
2. Man Utd 13 8 3 2 10 27
3. Man City 13 8 2 3 14 26
4. Arsenal 13 8 2 3 12 26
5. Spurs 13 6 6 1 13 24
6. West Ham 13 6 3 4 4 21
7. Everton 13 5 5 3 8 20

Arsenal Fixtures (view all)

Breaking League News

Liverpool: Latest Sturridge Setback Not Serious
» Liverpool : 27/11/2015 21:17:00
Pulis Previews West Ham Clash
» WBA : 27/11/2015 19:27:01
Liverpool: Klopp 'Very Happy' With Europa Progress
» Liverpool : 27/11/2015 19:21:01
Flores & Deeney Talk Villa
» Watford : 27/11/2015 19:17:01
Davis Wants To Close The Gap On City
» Southampton : 27/11/2015 18:47:01

Current Site Poll (view all polls)

MOTM vs Dinamo Zagreb
Suggested By:  
Cech 5%
Bellerin 0%
Kos 0%
BFG 0%
Monreal 3%
Flamini 0%
Cazorla 0%
Campbell 3%
Ozil 58%
Sanchez 31%
Giroud 0%
Debuchy 0%
Rambo 0%
Chambers 0%