Southampton: Theo Walcott rumours re-emerge, Arsenal ready to sell

Aaron Ramsey Rob Holding Jack Wilshere and Callum Chambers

And with Arsene Wenger reportedly willing to allow the winger to leave, the bookies make West Ham 6/4 favourites for his signature.

Southampton, Walcott's former club, and West Ham are understood to be interested in signing the London-born winger, who won the last of his 47 England caps in November 2016 in a friendly against Spain.

Although he was unable to fulfil his potential at Arsenal, Walcott has still had many positive moments during nearly 12 years with the club and would be an excellent addition to Everton's squad.

And according to The Sun, Wenger plans on selling him next month in an effort to raise the money to fund new signings.

The 28-year-old has been a bit-part figure this season, making just ten appearances, mostly in cup competitions.

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The Three Lions ace has scored 65 goals in 267 Premier League appearances for the club.

Walcott is not the only player to be shown the door, with Mathieu Debuchy, Carl Jenkinson and Calum Chambers all thought to be on their way out in January.

Arsenal are facing the prospect of losing the likes of Alexis Sanchez, Mesut Ozil and Jack Wilshere on free transfers next summer, forcing Wenger to consider options to increase his kitty before the end of the season.

However, a move to Southampton would see the Walcott return a cult hero, he'd have the potential to be the the squad's star player whilst also potentially having the chance to play up front - something he's wanted for some time.

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