Chelsea battling PSG for Arsenal winger Walcott

Chelsea are lining up a shock swoop for Arsenal winger Theo Walcott as he stalls on signing a new deal.

The 23-year-old, who played a bit part role at Euro 2012, has just a year left on his contract.

That has alerted Premier League rivals Chelsea who have joined the race for his signature along with PSG, says the Daily Mail.

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