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Arsenal taking a gamble over their handling of Theo Walcott

Arsenal could be ready to risk losing Theo Walcott for nothing next summer, with manager Arsene Wenger set to turn down any offers the club receives for the winger.

The Gunners have been criticised in recent years of selling outbound stars on the final years of their contracts, with club skipper Robin van Persie an example of the same this summer. However, the Frenchman will not bow down to Walcott’s demands, and is ready to play hardball with the 23-year old who is demanding a massive pay rise.

With Walcott still under 24, a free transfer for the winger would bring a tribunal into play to decide the development fee to be paid to Arsenal, who bought the England international from Southampton when he was 16 years old for a fee of £11 million.

However, with Walcott set to turn 24 in March next year, the North London outfit will not be eligible for that compensation fee, and stand to lose an eight-figure fee for the winger.

Walcott saw one of his most productive seasons at the Emirates last time around, scoring 11 goals and making 13 assists.

Despite being wanted by the likes of Liverpool, Tottenham and Chelsea, Walcott will join the rest of the Arsenal side on their pre-season tour of the Far East, with the Gunners set to travel to Malaysia, China and Hong Kong to play a set of friendly games before the new term gets underway.

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