Arsenal says chairman has a 'good prognosis'

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LONDON (AP) -- Arsenal says chairman Peter Hill-Wood has a "good prognosis" as he recovers from a heart attack.

The 76-year-old Hill-Wood, who has been chairman of the Premier League club for 30 years, had a heart attack Friday after being ill with pneumonia.

Arsenal says "Peter is recovering well in hospital and there is a good prognosis . We are hoping he will make a full and speedy return."

Hill-Wood has been chairman of Arsenal since 1982. He is the third member of his family to serve in the role, following his father, Denis, (1962-82) and grandfather, Samuel, who had separate stints at the club between 1929 and 1936 and from 1946-49.