Walcott contract talks with Arsenal reach impasse

Theo Walcott has failed to agree a new contract with Arsenal and could be sold by Arsene Wenger before the close of the transfer window, the Daily Mail has reported. While talks are on-going, it is understood that the Gunners will consider selling the England winger before the end of the week.

The Mail adds that Walcott is keen to remain at the Emirates Stadium and also eager to continue negotiations with the club, but it has been reported that unless the stalemate can be broken before Friday – and Walcott signs a new five-year, £75,000 per week contract – he will be put up for sale. Liverpool and Manchester City are said to be the interested parties, and the fee is thought to be in the region of £12m.

If a new contract is not signed Arsenal will find themselves in the same situation with Walcott as they were Robin van Persie, who turned down a new deal with the club and entered the final year of his existing contract. Walcott’s contract also expires in the summer of 2014.

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