According to The Telegraph, Arsenal chairman Peter Hill-Wood is planning to step down from his position in Arsenal’s top job after spending 51 years on the Arsenal board.
It is rumoured that he will be leaving his position on the Arsenal board after having bouts with pneumonia and a heart attack prior to that.
Among other impending health scares, Hill-wood wishes to step down before he is forced out of the role by natural circumstances, so that he will not fail to give any important information or advice to the younger members of the board.
Hill-Wood has been a member of the board since 1962, and chairman for just over 30 years. However, it now appears that the job has gotten the best of his health, and is now deciding to hang up his tie.
Although Hill-Wood recently stated that “nothing has been decided” it is believed that he is close to making a final decision.
The role he plays at Arsenal is thought to be largely symbolic as Ivan Gazidis and Arsene Wenger handle the day-to-day running of the club.
Hill-Wood stepping down would mean that an 84-year family association with the Gunners and the top seat role will come to an end.
However, in recent years the board has suggested that they should assign a distinguished former player and a female member. In terms of the female role to be taken, no one can really be sure on who will become a candidate for that position.
It’s anybody’s guess who will be the next chairman, but anyone who will be thinking about the situation money wise, and challenging for major honours once again, a lot of people will be asking for Ivan Gazidis to take the helm.
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