There has been plenty of speculation about where Walcott’s future will be and Liverpool seems to be a possible destination if Arsenal fail to tie him down to a long-term deal.
But former Arsenal midfielder, Paul Merson, claims the club cannot afford to let the England international depart.
“Arsenal need to sign him up, because he’s someone who will come back and haunt you badly,” he said on the Morning View on Sky Sports News.
Merson has claimed Walcott is the sort of player who can consistently score throughout the season and that there would be lots of interest in the England international if he were in a position to leave the Gunners.
“Everybody in the country will want to sign Walcott, he will get you 15 to 20 goals a season.
“Arsenal need to sign him very, very quickly. He’s a must, an absolute must.”
After a reported bust up with manager Arsene Wenger, Walcott took to twitter to dismiss the reports and has played down the news surrounding his contract situation.
Walcott said: “Reports about contract demands and bust-ups with the boss are complete nonsense. There have been no contract talks as yet and my current focus is not on contracts but on doing my best for Arsenal FC.”
Will Theo Walcott get a new Arsenal deal? How important is he to the Gunners?