It is claimed that a five-year contract worth £75,000 a week has been offered to Walcott, with Arsenal unwilling to budge on their valuation of the pacy winger.
In contrast however, Walcott is claimed to be looking for a contract in the region of £100,000 a week to put him firmly in the group of the highest earners at the Emirates.
ESPN Soccernet has revealed that Arsenal have told them that negotiations remain ongoing, although in contrast Walcott’s advisers were quoted as saying ‘no comment to make’, which on balance leads me to believe negotiations have indeed broken down.
Personally speaking, I think £75,000 is quite adequate for a player who has strengths in pace, shot and produces clever runs, but suffers from inconsistency and lacks technical ability. In saying this though, it is always a case of wanting more when players at other clubs are earning much higher wages.
In comparison to the sales of Alex Song and Robin van Persie, I admit that I would in no way be as gutted if Walcott left the Emirates as in my eyes he is not in the same league.
In saying this however, no matter how inconsistent or frustrating he has been in the past he did rack up 11 goals and 13 assists last season in all competitions and all at the tender age of 23. Statistically he was one of our best players and the only player besides Robin van Persie to get into double figures in terms of goals last season.
More worryingly of course, if Theo was sold he would become the sixth regular first-team player since only last summer to leave the Emirates following the departures of Cesc Fabregas, Samir Nasri, Gael Clichy, Robin van Persie and Alex Song. Definitely not a good look and definitely a trend Arsenal should be avoiding.
While their are definitely adequate replacements in Alex Oxlade-Chamberlain and young Serge Gnabri, what will happen to these two when they finally reach their peak?
The familiar trend of seeing high-profile players leave the Emirates is sure to have a demoralizing effect on the remaining players, but as we all know money seems to be the supreme dictator in football.
On the topic of money Manchester City have of course been linked to buying Walcott, particularly with Adam Johnson being sold to Sunderland and attempts to sign Scott Sinclair stalling.
Liverpool are also rumoured to be in for the English winger and are reportedly ready to offer the winger a package in the range of what he is looking for.
What are your guys thoughts on the move? Should we simply let him go? Should Arsenal offer him more? Feel free to leave a comment below or discuss Walcott in the allArsenal.com forums.Hey Gooners! Follow us on Twitter here: @allarsenalnews. Picture lover? Follow our instagram account here: allarsenal.com_ and LIKE us on Facebook here: AllArsenal.com