Theo Walcott agrees new contract

Breaking news from Arsenal this morning with news that Theo Walcott has finally resolved his future by agreeing a new three-and-a-half year contract with the club.

The 23-year old has been in discussions with the club since the summer, where he had initially rejected a new five year contract worth a reported £70,000 a week.

The England International had been linked strongly with a move to Premier League rivals Chelsea and Liverpool with his contract set to run out in the summer.

News of of him commiting to the Gunners until the summer of 2016 with be a massive boost for the club, after his impressive performances so far this season both out wide and upfront where he has been playing recently.

Walcott joined Arsenal in 2006 from Southampton, and his new contract will ensure he would have spent a decade at the club at the age of 26 in 2016. If he can continue to his form in his current role as striker, Arsenal fans have a lot to look forward too in the near future, with the player scoring his first ever Premier League hat-trick against Newcastle last month.