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Walcott could get new Arsenal deal this week

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Arsenal have been struggling to tie down winger Theo Walcott to a new contract at the club and the Englishman could finally put pen to paper this week on a 4 year contract. The new deal could raise his wages from £60,000-a-week to £90,000-a-week and Walcott stands to make even more with performance related bonuses and a signing on fee.

The 23 year-old had been refusing to sign a new deal due to Arsenal’s unwillingness to break their wage structure. The club were also hesitant to give him the central striker’s role that he demanded but after leading Arsenal’s goalscorers with 14 goals this season, the Gunners are prepared to go the distance to keep hold of their top performer, according to

Arsenal were earlier considering making a sale this winter to avoid losing the English international for free in the summer. Manchester United, Chelsea and Liverpool were monitoring the winger’s contract situation and Wenger would be pleased to work out an agreement to keep the forward at the Emirates for a long period.

Wenger can now shift his focus towards strengthening Arsenal’s attack line with winter moves for Barcelona’s David Villa and Atletico Madrid’s Adrian Lopez. Arsenal have already loaned out deadweights Marouane Chamakh and Johan Djourou to lighten their wage bill and can now make important signings this winter to salvage their season.