Arsenal are expected to offer Theo Walcott a bumper new deal worth £100,000 per week to keep him at the Emirates Stadium, according to reports.
The 26-year-old's future has been the subject of speculation in recent weeks, with Liverpool and Chelsea both linked with moves for the winger.
According to The Sun, the Gunners have opened contract talks with the England international and will offer him the new deal before the end of the season, in a bid to put an end to the transfer rumours.
Walcott joined Arsenal from Southampton in 2006 and has scored 72 times for the North Londoners.
