The England international with 47 caps to his name, is in Liverpool ahead of a medical and to complete the formalities of agreeing on personal terms of the £20m deal.
Sam Allardyce spoke enthusiastically about Walcott at his press conference before the weekend’s 4 – 0 defeat to Tottenham at Wembley.
“He’s scored 100 goals for Arsenal from wide positions as well as many assists,” Allardyce observed. “His pace is one of his key strengths which we lack in this squad. His assists are pretty good as well as his goals.”
The former England boss argued that Walcott is key to improving Everton’s Premier League performance. Walcott’s record of 108 goals in 397 games at Arsenal is skewed as he has largely been used as a substitute in the last eighteen months.
Walcott is keen to get first-team football to reinvigorate his international career and finally appear for England at a World Cup finals.
Arsenal are looking to use the funds to strengthen their squad with offers on the table for Bordeaux winger Malcom, 20, and Henrikh Mkhitaryan, 28. The Manchester United winger is set to leave Old Trafford as part of a player-exchange deal for Arsenal’s Alexis Sanchez, 29.