By Richard Clarke

Chairman Peter Hill-Wood says he always wants to keep the Club in the hands of people who “have Arsenal in their blood”.

An increasing number of Premier League teams have come under foreign ownership in recent years. However Arsenal have been rock-solid with members of the Hill-Wood and Bracewell-Smith families on the board for the best part of a century.

The current chairman sees strength in stability and continuity.

“I think our overall view is that we should strive to maintain the shareholding and the custodianship as it is,” Mr Hill-Wood said at Thursday's AGM. "Arsenal runs through my veins and I know all the Bracewell-Smiths feel this as well.

“I think it would be a great shame if that was to change. We have made many statements in the newspapers that we don’t want control to be handed over to somebody who hasn’t got Arsenal in their blood. I assure you that we will continue to pursue that aim.

“We are not going to sell out to the first man that comes along. Rest assured, as long as you don’t get too fed up with us, we are going to stay around.”

Copyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 24 Oct 2008