Peter Hill-Wood: Theo Walcott turned down Arsenal contract offer
Arsenal chairman Peter Hill-Wood claims Theo Walcott has rejected a "very reasonable" contract offer from the Gunners
Arsenal chairman Peter Hill-Wood claims that Theo Walcott has rejected a contract offer from the Gunners – but remains hopeful the England international will stay at The Emirates.
Walcott’s future has become the subject of speculation in recent months, with his current Arsenal deal set to expire at the end of this season.
The 23-year-old recently stated his desire to sign a new contract and stay at Arsenal – but Hill-Wood says the forward has turned down a “very reasonable” offer.
Despite the snub, Hill-Wood is still confident Walcott will pen an extension with the north Londoners but warned the player that the club is not prepared to break its wage structure.
“We have got our general overall wage structure and we are not prepared to break it for anybody,” Hill-Wood told the Daily Star.
“We have made an offer which he didn’t think was acceptable and that is the end of it. We think it is a very reasonable offer.
“For the moment his people are still talking to us and we hope it will be resolved. But don’t ask me when, because I haven’t a clue.”
“I hope that he will eventually come round and sign. It will be a pity if he does not, but the whole issue of pay for footballers has got totally out of hand and they don’t get terribly well advised a lot of the time.”