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