Dismissing suggestions that the Frenchman will leave the Emirates, Hill-Wood said: "I think it's laughable, it is disrespectful and very rude. It cannot be right to talk in such a way about a manager who is under contract at another club.
"I cannot believe that Arsene would go there for all the tea in China. he would be played around like a puppet.
"I am very comfortable with the fact that Arsene will be staying with us. He is under contract until 2012 and has never broken a contract in his life. I have no reason to think he will start now."
Wenger has backed Hill-Wood's comments by saying "I have shown I am fully committed to Arsenal many times."
Hill-Wood also took the opportunity to clear up speculation suggesting that injured club captain Cesc Fabregas is set for a move to the Bernabeu. Despite the Spanish side succeeding in poaching Arsenal's award-winning groundsman Paul Burgess, he is adamant that the 21-year-old will stay.
"He is not for sale to Madrid or anybody else," he told the Mirror
. "Absolutely not.
"He is a very sensible young man and he is very happy at Arsenal. I would be surprised if he wanted to leave to go to Real. Very surprised."