Walcott to sign a new deal at Arsenal?
THEO WALCOTT will open contract talks on a new £3million-a-year deal later this week.
And his Arsenal team- mate Robin Van Persie is close to agreeing a four-year extension taking him to 2013.
The Gunners are desperate to tie England star Walcott (right), 19, to a long-term deal.
He has 18 months left on his current deal but such is his magnificent form for club and country, boss Arsene Wenger is ready to double his wages to £60,000-a-week.
Walcott, a £12m signing from Southampton in January 2006, is happy at the Emirates despite Chelsea and Real Madrid interest.