The 23-year old winger, who comes out of contract at the end of the season, is yet to sign a new deal with the Gunners with suggestions he is holding out for a bigger salary.
It has been widely reported that Walcott could be sold in January, with Liverpool being linked, but the England international insists he wants to remain in North London and become an Arsenal legend as a central striker.
"It has been a frustrating start for me, because of false speculation about me and the money situation," Walcott told Sky Sports News.
"For me, it has never been about money. It has always been a football decision for me.
"If I had opportunities in the summer to go but if I wanted to go, I would have gone, if it was about money. It has never been that.
"The main factors for me now are I want to start playing up front. That is all it is, really.
"It is not going to happen overnight. My last contract took over six months to do.
"We have only started to come to terms with it. The club have been quite busy with the likes of Robin (van Persie) and Alex Song, and players coming in.
"I am just there now. Hopefully it can be sorted, because I want to stay, I want to play for Arsenal, I want to try and win things.
"I remember when Thierry Henry joined at 22 and the legend he was. Hopefully I can be the legend he was as well in that upfront position."