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**Damien** · 10-01-2013, 11:26

http://www.bbc.co.uk/sport/0/20968571

Quote:

More from David Ornstein on Theo Walcott:

Despite suggestions to the contrary, there have been no formal talks between Arsenal and Walcott's representatives since August, when he rejected a fresh five-year contract worth £75,000-a-week (he currently earns £60,000-a-week).

"However, his stance has softened since being given a run of starts as Arsenal's central striker and, crucially, he does not want to leave the club he joined in 2006. Arsenal are increasingly confident he will extend his stay at Emirates Stadium.

Now that the footballing issues have been resolved, if a compromise can be reached on his salary and image rights, it is likely Walcott will sign a new contract. His representatives are expecting Arsenal to call them to the negotiating table in the coming days and, provided a suitable offer is made, this seemingly never ending saga could finally be put to bed.