Arsene Wenger wants to keep him and Gunners fans desperatly want him to stay but Arsenal striker Theo Walcott remains tight-lipped about his future.
The England international netted a superb hat-trick in a thrilling 7 - 3 win over Newcastle last night.
He has been linked with a host of clubs including Chelsea, Liverpool and Manchester United.
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However all he would say about the contract situation was that "something might be arranged soon":