Sir Chips Keswick has been appointed as Arsenal Football Club’s new chairman, after Peter Hill-Wood decided to step down from the role because of health reasons.
Mr Hill-Wood’s grandfather, Sir Samuel, and father, Denis, were the Club’s previous chairmen in a period stretching back to 1927.
“This has been a difficult decision as Arsenal Football Club has been a huge part of my life. Although I am feeling better I feel this is the right time for me to stand down. I would like to thank our majority owner, Stan Kroenke, for the respectful and dignified way he has handled this and I know Sir Chips is the right person to take the Club forward,” Mr Hill-Wood, 77, said.
Speaking after the announcement, Sir Chips said: “Firstly, I am sad to see Peter standing down due to his health and we all hope he continues well in his recovery. The Hill-Wood family has made an extraordinary contribution to Arsenal over many decades. They have been central to the Club’s many achievements during this time.
“I am greatly honoured to have been appointed chairman of Arsenal Football Club. This is one of the great clubs in the game, recognised and loved by millions. I am looking forward to leading the Club to future success.”
The 73-year-old Sir Chips, who has been on the club’s board since 2005, will work directly with Arsenal chief executive Ivan Gazidis.
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