Benitez has admired Walcott for some time and was one of many managers scrambling for his signature when he left Southampton two years ago, only to balk at his £12 million fee. The Spaniard had hoped to use him on the right wing for the remainder of the season, but Arsene Wenger, the Arsenal manager, is adamant that he will not be allowed out on loan.
Arsenal resist Liverpool offer for Walcott
Video of the day: