Arsenal chairman Peter Hill-Wood insists the club have no intention of selling star striker Emmanuel Adebayor - at any price.Barcelona and AC Milan are keen on the Togo international frontman, who is under contract at the Emirates until 2011, and the former have reportedly had a £25million offer rejected.

Both sides are eager to rebuild after disappointing seasons last year and neither are expected to give up their pursuit of Adebayor without a fight.

But Arsenal have responded to calls from the player's agent Stephane Courbis to demonstrate their desire to keep the 24-year-old and are adamant they will not be selling.

"We want him to stay," Hill-Wood said in the Daily Telegraph.

"Adebayor still has a long time left on his contract and we have absolutely no intention of releasing him from that contract."

Meanwhile, Hill-Wood admits he expects Alexander Hleb - a target of Barca, Real Madrid and Bayern Munich - to leave Arsenal.

Manager Arsene Wenger has already seen Mathieu Flamini join Milan on a free transfer and Hill-Wood also expects Hleb to head for the Emirates exit.

"Hleb has made it clear he wants to go," Hill-Wood added. "I think maybe he will go."

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