New Arsenal chief executive Ivan Gazidis is set to get down to work over tying Theo Walcott and Robin van Persie to new contracts.

The Sun says Walcott, 19, is in line for a hefty pay rise - he can look forward to doubling his money with a £3 million-a-year contract.

Van Persie is looking to thrash out a £75,000-a-week agreement with the club in the New Year.