Arsenal winger Theo Walcott’s contract situation still hangs in the balance while the Gunners are looking to offload the player to Liverpool in exchange of youngster Raheem Sterling, plus £8m cash, according to reports from The Sun.

The 23-year-old has less than one year left in his contract and would be eligible to sign a pre-contract elsewhere in the January transfer window.

Arsenal boss, Arsene Wenger has made it clear that the club will try its best to keep him, but if the negotiation fails to reach a satisfactory point, the player would be sold.

The Frenchman said “It’s always important to keep your best players but if selling Walcott should happen, we’ll replace him with someone, another big name.”

Walcott is demanding a fee in the region of £90k per week while the Gunners are only willing to provide £75k per week. Liverpool can give him the salary he demands and also his preffered role of a central forward, but the club won’t part ways with a promising academy youngster like Raheem Sterling.

The 17-year-old has shown great maturity this season and has excelled under manager Brendan Rodgers. It is highly unthinkable that Rodgers would entertain such absurd part exchange deals, especially for a player who will be available on a free transfer next season.

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