Belarusian midfielder Hleb has been strongly linked with a move to Barcelona, and is reportedly set to complete his transfer in the coming days.
Meanwhile Adebayor's future is uncertain though Gunners boss Arsene Wenger insists the striker will stay despite interest from AC Milan and Barcelona.
When asked of the latest news on the duo's futures, Hill-Wood told the club's official website: "No, nothing new. But it is a long-running saga in both cases."