Arsenal: Theo Walcott talks 'ongoing'

August 22, 2012
By news services
Arsenal is bracing to lose yet another big-name player after reportedly failing to convince Theo Walcott to sign a new contract.

Walcott has turned down a deal worth around 4 million pounds-per-season ($6.3 million) and could be sold before the transfer window closes on Friday.

An Arsenal spokesperson told ESPN that reports that talks have ended are "all speculation. Negotiations are ongoing."

When asked for coment, Walcott's representatives told ESPN they had "no ...

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