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SBD Global/March 11, 2013/Franchises

Arsenal Chair Hill-Wood Denies Knowledge Of Middle East Takeover Bid

Arsenal Chair Peter Hill-Wood has "denied any knowledge of a takeover of the Premier League club by interests in the Middle East," according to the London EVENING STANDARD. Of a possible £1.5B ($2.2B) takeover, Hill-Wood said, "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. If there is this consortium, they can't make any progress unless they attempt to get in touch" (EVENING STANDARD, 3/8).
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