Arsenal's 'Gang of Four' have voted to extend by 12 months their agreement not to sell their shares.
Danny Fiszman, Lady Bracewell-Smith, Richard Carr and chairman Peter Hill-Wood agreed six months ago not to consider selling their shares for at least a year. Now they have voted to extend the deal. Fiszman, who owns 24 per cent, told The Sun: "It's simple, in principle I'm not a seller.
"There is a new agreement being written that will extend the agreement. No hostile takeover bid will be successful.
"We're in a very strong financial situation and if our manager Arsene Wenger wanted to spend £100million on players, he could."