Arsenal are set to let West Ham target Theo Walcott leave the club in January.

According to The Express, a number of clubs are keen to bring the winger in and could pay between £12-15m for his services.

The report claims that Arsenal are set to offload Walcott in January and that West Ham are interested in adding him to their squad.

However, there are a number of clubs that are ready to rival West Ham to his signature.

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Everton, Southampton and Inter Milan are all said to be watching Walcott closely ahead of a potential move.

Walcott is currently struggling to get into Arsene Wenger’s side, having failed to start a Premier League game this season.

The next transfer window does not open for over two months, which means that Walcott has time to break back into the Arsenal set-up and put the transfer rumours to bed.

Walcott was left out of the latest England squad.