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Arsenal manager Arsene Wenger has revealed that the club have no intentions of letting forward Theo Walcott leave in the January transfer window and said he is hoping that the forward can fight for a spot in the first team for the remainder of the season, according to a report on the Telegraph.

Everton have lacked tempo and dynamism in the final third so far this term following the sale of Romelu Lukaku to Manchester United over the summer, despite spending over £140 million on reinforcements themselves.

Everton couldn't get a deal over the line for Giroud but may have more success pursuing Walcott.

As for reported Everton target Walcott, he is now out of the Arsenal side and has made just three Premier League appearances this season, all of which came as a substitute.

However, the attacker has been in and out of Arsene Wenger's starting lineup in North London for several seasons now, with injuries and the presence of more consistent stars having made life hard for Walcott in the English capital.

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The Gunners expect to lose Alexis Sanchez and Mesut Ozil next year, and will need to sign replacements. Now, with the addition of Lacazette, it seems as if Walcott's time in North London is coming towards an end.

Walcott's patchy form, as well as his struggles avoiding injury, are a shame since his pace and finishing ability can make him useful for any team.

Walcott joined Arsenal as a 16-year-old for £12m from Southampton as one of England's brightest talents.

Getting a fee for a player on the fringes of his squad, and using it to reinforce threadbare options in central midfield would be smart business from Wenger in January.