Everton are ‘favourites’ to sign Theo Walcott from Arsenal this January according to numerous news outlets.

Walcott has fell down the pecking order at the Emirates and looks set to depart after more than a decade at the club.

A fee in the region of £20 million is being mentioned for the England winger, but the Toffees will face stiff competition from Walcott’s former club, Southampton.

The speedster has netted 108 times in 395 appearances for the Gunners.