Theo Walcott: Everton in negotiations to sign Arsenal forward permanently

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.