New Year, new resolutions, but it seems it is the same old problems for Arsenal trying to get Theo Walcott to sign a new contract. We were told last year that the problem was wages. Evidently, Walcott was miffed at the fact that some of his peers, who had been signed after him, were on much larger wages. Sources suggested that he was offered around £80000 a week initially, which he turned down flat. Sources now suggest that Arsenal have now finally increased that offer to around £95000. Whilst not quite what Walcott had in mind, it is very near to the figure of £100000 which he has allowed to be leaked to the public, that he would accept.

Of course, trying to find out anything at Arsenal is about as convoluted as one of Arsene Wenger`s press conferences! Sources have to covertly find out from other players at the club, what exactly is going on. We have now heard from Wenger that it is not the money anymore that is holding up the signing of the contract, but "other matters". Needless to say, Wenger will not elaborate on this one-liner, but we do have some inside information which throws some light on the matter.

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It seems that Walcott sees himself as a latter day Thiery Henry, who himself was brought in as a winger, only to be transformed into a lethal striker. This is why Walcott has lobbied for this position. As it happens, he has achieved some success recently, scoring some goals, but how would he do against the better teams? This is the conundrum facing Wenger and the Arsenal board as they grapple with his agents. However, as usual, my own sources have come up with the goods yet again.

It seems that Walcott is walking in the footsteps of Van Persie inasmuch as he wants to have assurances about the clubs future. He wants to see marquee signings at Arsenal to replace the procession of world class players who have been allowed to just leave. Walcott is 23. He has been at Arsenal for 7 years. His 7 years has coincided with the same period of no trophies at the Emirates. All top footballers, especially those who play for England, want to win trophies. Yes, they are motivated by money, but once the initial novelty of that has worn off, the only thing left is silverware. It may seem vain, but that is what all footballers really dream about. It is their legacy, and Walcott wants to achieve something during his next contract.

The longer that the protracted negotiations go on, the more likely it is that he will leave. There will be plenty of suitors for his signature and those suitors will be willing to offer him the assurances he desires most; the chance to win trophies and be remembered as a great footballer.