Keith Edelman is confident Russian billionaire Alisher Usmanov is not planning a takeover of Arsenal.
Usmanov's Red and White Holdings group increased its stake in The Gunners in the week to 23 per cent, fuelling suggestions of an impending takeover.
Edelman, along with chairman Peter Hill-Wood, met the group's joint-owner Farhad Moshiri on Friday and the Arsenal managing director has been encouraged by the talks.
He believes Usmanov is not eyeing an outright bid for the club and does not envisage any boardroom changes at Emirates Stadium in the foreseeable future.