The 28-year-old has fallen out of favour in north London and is now free to leave Arsenal, providing a suitable offer comes in.
BELGRADE, SERBIA - OCTOBER 19: Theo Walcott (R) of Arsenal in action against Milan Rodic (L) of Crvena Zvezda during the UEFA Europa League group H match between Crvena Zvezda and Arsenal FC at Rajko Mitic Stadium on October 19, 2017 in Belgrade, Serbia.
Bearing all the above in mind, West Ham seem certain to strengthen in the January transfer window and Theo Walcott is being mentioned as a likely signing for the Hammers.
TODAY'S FORECAST: Showers, high near 53
Cold lows north of the lake around 33 with frost, protect pets/people and chilly south of the lake around 40, protect pets/people. Cold, Arctic air will settle into the state Wednesday night , and from that point forward, will stay put at least for a week.
Wenger is planning to raise funds for his transfer kitty by offloading a number of fringe players over the next eight-months.
He's made nearly 400 appearances for Arsenal and is now the longest-serving player at the club but Theo Walcott is something of a forgotten man at the Emirates.
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The England worldwide is yet to start a league game for the Gunners this season, featuring as a sub in just three games.
Having not been called up by his country for over a year, a move to Everton, where he would in all likelihood play regularly, would give Walcott a chance of getting into Gareth Southgate's England squad for next summer's World Cup.
YouTube to ramp up fight against violent content
Just last week it was reported that YouTube removed 150,000 videos over predatory comments targeting children, also disabling comments for more than 625,000 because of the same problem.