Peter Hill-Wood insists Arsenal are not to blame for English players not being good enough after accusing the Football Association of being 'out of touch with reality'.
FA chief executive Brian Barwick recently suggested the leading Premier League clubs have a responsibility to produce home-grown talent.
Arsenal have regularly been singled out for criticism due to Arsene Wenger's policy of bringing in youngsters from across the globe.
But Gunners chairman Hill-Wood feels that is now the way of the footballing world and claims the table-toppers would suffer if they concentrated solely on turning out English-bred players.
"It seems to me the people at the FA are out of touch with reality," Hill-Wood told the Sunday Mirror.
"I can't think why anybody would make these comments when Arsenal and many Premier League clubs are spending a lot of money on their academies.
"It is not our fault if many English players are not good enough. It is the same for every one of the big clubs now. We find players worldwide. Football is now global.
"I would love to see an Arsenal team with 11 English players, but professional football has expanded and developed.
"It is against the law to put a restriction on the number of non-English players in a team and I am pleased about that. If you do that you devalue the currency of the Premier League.
"It is also the same in any other industry. You go along with the trends or you suffer badly."