Liverpool to launch £25m bid for Arsenal's Theo Walcott?

Liverpool are reportedly considering launching a £25m bid for Arsenal's Theo Walcott.

The 27-year-old's club future has been called into question after dropping down the rankings last season, and he also failed to make the England squad for Euro 2016.

Reports have claimed that Walcott wants to fight for his place at the Emirates, but according to Football Insider, Liverpool will try to tempt him away with an offer of £120,000-a-week wages.

Walcott, who is believed to be on £110,000 a week at Arsenal, joined Arsene Wenger's side from Southampton in 2006.

West Ham United and Premier League champions Leicester City have also been linked with moves for the attacker.