Arsenal cool Wilfried Zaha?

Arsenal have reportedly decided to drop out of the race for Crystal Palace starlet Wilfried Zaha.

The 20-year-old has been heavily linked with the Gunners after enjoying a breakthrough season at Selhurst Park, which has included being handed a full England debut.

Zaha has fallen down the list of Arsene Wenger's transfer targets because he believes that Theo Walcott will sign a new deal at the Emirates, according to talkSPORT.

Manchester United and Chelsea have also been consistently mentioned in connection with a bid for Zaha.

Arsenal will now reportedly turn their attention to other players on a shortlist of potential signings, which includes Atletico Madrid forward Adrian Lopez.