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Everton are ready to pay £20m and £110,000 a week to land Theo Walcott.
The Arsenal outcast looks set to leave the club this month after failing to make an impact this season.
Walcott was an unused substitute last night in the goalless draw with Chelsea.
He has made nine starts this season – with none coming in the Premier League – for Wenger’s struggling side.
And the Telegraph claim he could join Everton this month.