Walcott set to pen new Arsenal contract
The Sunday Mirror says Walcott has been out since November after damaging a shoulder - an injury that required surgery.
But now he is just weeks away from a first-team return, which should coincide with the announcement of his new deal.
Talks have been on-going for the last month, with the new deal more than trebling Walcott's wages.
It will put him in the £50,000-a-week bracket.