| According to a statement made by Hill-Wood to | | | | Hill-Wood and the other board affiliates |
| BBC reporters, none of the major shareholders | | | | discarded his effort to bring in investment |
| are interested in selling at the present time | | | | from American billionaire Stan Kroenke and |
| and have no intention of the selling the club | | | | stated that the survival of the club against |
| anywhere within the near future. He also | | | | its competition would be impossible without |
| acknowledged that no offers will be welcomed | | | | the assets of foreign investment. |
| unless they were very attractive and | | | | |
| reasonable tenders. | | | | Nevertheless Hill-Wood is not against the new |
| | | | coming of foreign shareholders and is aware |
| The initiative of foreign investment was | | | | that such happenings would be beneficial to |
| proposed by previous vice-chairman for the | | | | the club, but has preserved his belief that |
| Gunners, David Dein, when he sold his 14.58% | | | | the strategy of financial cautiousness is the |
| shares within Arsenal for £75m to Red and | | | | correct way to handle things. |
| White Holdings Ltd, a business co-owned by | | | | |
| Usmanov, and his associate Farhad Moshiri. | | | | According to his belief the reason for such |
| After the deal Dein was selected as the | | | | negotiations will be working together so that |
| corporation's chairman. Such corporation made | | | | the backers make the profit they are out for |
| a noteworthy profit from the selling of | | | | and that the team can benefit from it without |
| Dein's shares to Usmanov. | | | | the outcome turning into an end of the year |
| | | | shortage. |
| Dein then resigned from the club when | | | | |