Southampton are ready to end Theo Walcott’s Arsenal misery and take him back to the club where he began his career.
Arsenal are set to sell England forward Walcott as well as German international midfielder Mesut Ozil in a January clear out, as manager Arsene Wenger reshapes his side and brings in funds.
Walcott, 28, has found himself on the fringes of the Arsenal first team this season, yet to start a Premier League game and confined to Europa League and League Cup duty.
The former Saints youngster has 18 months left on his current £110,000-a-week Arsenal contract and there are no plans to extend that.
Southampton have been struggling for goals this season under manager Mauricio Pellegrino and are looking to boost their firepower in the January transfer window.
Inter Milan are also interested in Walcott and both Everton and West Ham are admirers of a player who has scored 107 goals for the Gunners in 388 appearances, since joining the club from Southampton in January 2006 in a £5million deal.
Walcott became the youngest player to play for the Saints first team when he made his debut in 2005, aged just 16 years and 143 days. He has admitted that he still has a soft spot for the club.
Saints have scored only five goals in their opening seven Premier League games but do have money to spend in January.
Saints would look to pay about £12-15m for the player who came through their youth system.
Walcott left Southampton for Arsenal in 2006 but has struggled to really fulfil his potential.
He has 47 England caps but is no longer a regular in the squad and has made just three substitute appearances in the Premier League this season.