He says it is vital the club do not lose track of their roots and continue to develop players such as Ryan Giggs, Paul Scholes and Gary Neville.
'I don't think we'd ever field a team full of foreigners,' he told the National newspaper.
Future Hope: Man United are keen to bring through more youngsters from the academy like Ryan Giggs
'When those great players, who have been part of the team for 15-odd years retire, others will step up.
'Hopefully we'll have players coming through the academy who understand what being a United player means.'
Gill also believes manager Sir Alex Ferguson's experience will prove crucial in the run-in for the Barclays Premier League title.
United occupy top spot on goal difference from Manchester City and have two games in hand on their neighbours.
Future's Bright: David Gill hopes Sir Alex Ferguson can continue to bring through home grown youngsters
Gill said: 'In any walk of life the key person is the man at the top. He (Ferguson) has seen it, done it and knows what to do in particular situations.
'It's one of the strengths of the Premier League, the fact that we do distribute our money broadly. The television rights are sold collectively and distributed according to a predetermined formula.
'That means that there is that sense of competition. Manchester City, obviously, with Abu Dhabi [investment] are improving all the time.'
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