The Netherlands international is one of the form strikers in Europe, but with his contract expiring in the summer of 2013, his future is unclear.
However, Hill-Wood is confident that the forward will stay with Arsenal and turn down any advances from other clubs.
“I think Robin and his family are very happy in London and I don’t think he is solely motivated by money as some players are,” the executive said in the Daily Star.
The chairman went on to reveal that the club have money to spend in the summer transfer market, but will not be held to ransom over players.
“If we find the right person for the right position we are happy to buy. We have got enough to pay anything but silly prices,” he confirmed.
Meanwhile, Tomas Rosicky has revealed that he turned down a number of offers from other clubs before putting pen-to-paper on his new contract with Arsenal.
“Arsenal let me get to the point where I had just half-a-year on my contract and could talk to anyone I wanted,” he told isport.blesk.cz, translated to English by Sky Sports.
“It started to get interesting because I had very lucrative offers. This turned my head a little, but I have to say that Arsenal were my priority.
“It was financially huge numbers, so that somehow you had to entertain it – it’s not easy. Some days I thought about it, but money is not everything.
“I’m glad I’ll be able to continue at Arsenal,” he concluded.
By Gareth McKnight