Chelsea want Walcott or Ox in exchange for Petr Cech

Chelsea want to sign up either Theo Walcott or Alex Oxlade-Chamberlain in exchange for Petr Cech.

It is believed that the Blues boss Jose Mourinho is happy to let Cech move to the Emirates in the summer, so long as the Gunners offer Walcott or Ox in a straight swap deal, The Sun reports.

A source close to the Blues told the paper : "Arsene Wenger want a top keeper from us, Cech. Well, in exchange, we would like Walcott or Oxlade-Chamberlain."

"They may not be in the Arsenal team but we are convinced Jose Mourinho could make them into top players again.”

Liverpool have also been credited with interest for the Czech international.