Arsenal chairman Peter Hill-Wood has reaffirmed their stand that they won't sell the club.

He told BBC Sport: "The major shareholders have no intention of selling and wouldn't welcome an offer.

"We will have a dialogue with any principal or major shareholder. If they have got some sensible proposals we will listen to them."

Yet he revealed David Dein would not be one of the individuals he expected to hold discussions with.

"I see no major point in that, I've had 25 years of listening to him," he added.