Everton manager Sam Allardyce says the club is negotiating with Arsenal to sign Theo Walcott on a permanent deal.
Allardyce said the 28-year-old forward would be a “fantastic addition”, who would offer “goalscoring threat”.
He added: “If it’s possible to be over the line I’d be delighted. It’s not imminent but negotiations are ongoing.”
Walcott – a two-time FA Cup winner with Arsenal – has featured 395 times for the club but has played just 47 minutes in the Premier League this season.
Arsenal boss Arsene Wenger says he has informed Walcott he wants him to stay but added on Friday he has not guaranteed game time to the England international, who has 18 months left on his contract.
Wenger said: “We still have a good relationship and I don’t want him to be frustrated or lose any opportunity to play in the World Cup, because Theo went to the World Cup in Germany in 2006 and we are now in 2018 and he’s not been since for different reasons. That of course is a sensitive subject.”