Arsenal chairman Peter Hill-Wood has again dismissed speculation the Premier League club is to be the subject of a takeover bid from a Middle East consortium, Sky
Hill-Wood added that it is unlikely the club’s two major shareholders, Stan Kroenke and Alisher Usmanov would consent to selling their stake – and that there has not been an approach to anyone at the club in the first place.
Indeed, Hill-Wood stressed that no one at Arsenal is aware of the rumoured takeover outside of speculation in the media, describing the gossip as “a waste of time”.
“I have heard nothing and I don’t think anybody knows anything about it at the club. It all seems a bit of a waste of time,” Hill-Wood said.
“If there is this consortium, they can’t make any progress unless they attempt to get in touch. So I can’t say if there is anything to it or not. But even if they did make an approach, my understanding is our two major shareholders do not want to sell.”
The Gunners are currently fifth in the Premier League, five points behind Tottenham Hotspur, who hold the final Champions League qualification place, having lost the North London derby at White Hart Lane last weekend.
Having been knocked out of the FA Cup by Blackburn Rovers, Arsenal face a free weekend this weekend, their match with Everton re-arranged. Arsenal’s next match is the second leg of their Champions League game against Bayern Munich, with Arsenal trailing 3-1 from the first leg.
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