The new deal will keep the 19-year-old winger at the club until 2014.
The deal will see Walcott earn around £50,000-a-week at the Emirates Stadium.
Walcott’s current contract has only 16 months to run.
The new deal will keep the 19-year-old winger at the club until 2014.
The deal will see Walcott earn around £50,000-a-week at the Emirates Stadium.
Walcott’s current contract has only 16 months to run.