Arsenal confirmed they have finally thrashed out a new deal for Theo Walcott, putting an end to months of speculation regarding his future.
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The England international had just six months remaining on his previous deal, but had been holding out for an improved offer from the Gunners.
That stance led to stalls in discussions between the two parties, with Manchester rivals United and City smelling the blood and reportedly preparing offers for the 23-year-old.
However, any doubts as to Walcott's immediate future have now been laid to rest following the signing of a new long-term deal at the Emirates Stadium.
Arsenal manager Arsene Wenger told the club's official website: "We are all delighted that Theo has signed a new contract.
"He joined us as a 16-year-old and since then has developed very well to become an extremely important player for both Arsenal Football Club and England.
"Theo is a strong player and also a great person, and the combination of his ability and pace always make him such a valuable asset either from the flanks or down the middle.
"Theo's contract extension now gives us a strong nucleus of ambitious young players who have committed to the club and want to be successful with us as a group."
Walcott joined the north Londoners as a 16-year-old from Southampton and has gone on to make 244 appearances for the club, while this term his 14 goals in all competitions makes him their current top scorer.
Walcott said: "I am very happy to have signed a new contract here at Arsenal. Thanks to everyone for their continued support, especially the manager, everyone at the club and most importantly the fans.
"I have made it clear from the start that I wanted to stay at Arsenal so I am pleased we have agreed a deal that everyone is happy with. What's important now is for the team to realise its potential and win trophies."





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