It has been reported that Arsenal are ready to reopen contract talks with Theo Walcott.
The Mirror revealed that manager Arsene Wenger wants Walcott’s contract sorted out before Christmas.
The England international star turned down an £80,000-a-week offer and the Gunners will see whether a compromise can be struck.
The 23 year old is unmoved by Arsenal’s belief they will sign Wilfried Zaha from Crystal Palace in January for £12million.
Despite Wenger’s warning and the fact his deal runs out at the end of the season, Walcott is not working to a deadline.
Liverpool will make a bid to sign him in January if his dispute has not been resolved.
Manchester City, Chelsea and Paris Saint-Germain are also keen and Walcott may keep his options open until the summer, when he will be a free agent.