Arsenal winger Theo Walcott has reportedly emerged as a possible transfer target for both Everton and West Ham United.

Walcott has dropped down the pecking order at the Emirates Stadium and with less than two years remaining on his contract in North London, it has been claimed that manager Arsene Wenger is considering selling the long-serving attacker.

The 28-year-old will have no shortage of suitors and according to The Sun, both the Toffees and the Hammers are ready to make their move in the January transfer window.

Everton have endured a poor start to the season - despite making eight first-team additions in the summer - and boss Ronald Koeman remains in the market for players in the final third.

West Ham were keen to sign a winger during the closing stages of the previous transfer window, and that is likely to remain their priority at the start of 2018.

In over 11 years with Arsenal, Walcott has netted 107 goals in 388 appearances in all competitions.