Theo Walcott agrees new Arsenal deal

England international Theo Walcott has accepted to sign a new four-year contract with Arsenal, according to reports.

Walcott's existing deal was due to expire at the end of the current campaign, and this led to speculation that the 26-year-old could pursue his career elsewhere.

However, The Mirror reports that the club's hierarchy have offered Walcott a contract extension until 2019 on wages worth £100,000 a week, for which the forward has agreed to sign.

The 26-year-old joined the Gunners from Southampton in 2006, and has since the made over 300 appearances for the club in all competitions.