Arsenal have told Barcelona to forget about Cesc Fabregas for 2010. Nou Camp president Joan Laporta claimed earlier this month the Spanish giants would in March come up with a valuation - expected to be around £40m - for the Gunners' 22-year-old skipper.
But the claim of having a good relationship with the north Londoners was knocked back by Hill-Wood.
"I am really p****d off with Barcelona and all that nonsense," he told the Daily Star. "Cesc is on a very good, long-term contract and I don't think he has any intention of not honouring it.
"It is not the first time they have done this and it is a most disrespectful and tiresome thing to do.
"You would think there would be some action you could take against them, but I suppose you cannot stop the man shooting his mouth off.
"Our position, and I think Cesc's position, is very steadfast. He has been with us for seven years and there is no reason he should want to up sticks.
"I don't think I would talk to him about what Barcelona have been saying because I don't think he wants to talk about it.
"From everything we hear he is very settled. He has a long-term contract and I see absolutely no reason why it shouldn't continue."