Arsenal Chairman Peter Hill-Wood has revealed that there will be a new managing Director at the Emirates Stadium “fairly shortly”.
Hill-Wood, who was speaking at the 7th annual general meeting of Arsenal shareholders has also dismissed recent reports that the Gunners board’s search for a successor to Keith Edelman has been “inept”, with Hill-Wood insisting that the North London club will not be rushed into appointing a new chief at the Premier League side.
“There has been a lot of speculation about the appointment of a new Managing Director,” Mr Hill-Wood said at Thursday’s AGM.
“Our efforts have not been, as described in some newspapers ‘inept’, we have been working hard and we are still working.
“We believe that we will be able to make an appointment fairly shortly. Our view is that it is a very important appointment so rather than make a quick decision, we feel it is more important to make the right one.”
Ken Friar has been filling the void as acting MD, with the Arsenal chairman singing his praises.
“Ken Friar has, again, stepped in and done an extremely good and efficient job as you all would expect,” Hill-Wood added.