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Report: Theo Walcott to be offered £25m deal

:Headline: Report: Theo Walcott to be offered £25m deal: ID:63028: from db_amp
Arsenal reportedly hope to persuade Theo Walcott, whose contract expires in the summer, to finally commit his future to the club with a new £25m five-year deal.

Theo Walcott is reportedly close to agreeing a new Arsenal contract which will see him earn £25m over five years.

The England forward's current deal expires at the end of the season and there were suggestions that he would leave on a free transfer in the summer.

Manager Arsene Wenger has continually insisted that Walcott will commit his future to the Gunners, despite the 23-year-old having stalled on negotiations since August, when he apparently rebuffed a £75,000-a-week offer.

However, according to The Mirror, he is now nearing an agreement which would see him sign a £90,000-a-week contract, which also includes a hefty signing-on fee, to stay with the Gunners until 2017.

Walcott has scored 14 goals in 24 Arsenal appearances this season.

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