Arsenal are wearing black armbands against Liverpool out of respect to former chairman Peter Hill-Wood.
A statement on the club’s website on Friday morning confirmed the former Gunners chairman had passed away at the age of 82.
Born and raised in London, Hill-Wood played a key role in the formation of the Premier League and was the man who appointed Arsene Wenger as manager.
A spokesperson for the club said: “During his time at the helm, the club enjoyed unparalleled success. Early in Peter’s tenure he presided over the appointment of George Graham as manager and a subsequent, trophy-laden spell that incorporated two league titles, the FA Cup, League Cup and European Cup Winners’ Cup.
“That success was followed by the remarkable era of Arsène Wenger, appointed by Peter and the board of directors to some surprise from the footballing world in 1996.
“Wenger went on to redefine the club and the game in this country, winning three Premier League titles and four FA Cups while Peter was chairman, including that most remarkable of achievements, the unbeaten season in 2003/04.”
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Hill-Wood joined the Arsenal board in 1962 and assumed the role of chairman in 1982, after the death of his father Denis.
He held the role until 2013, when he was forced to step down after his health began to deteriorate.