*Walcott agrees £20 million transfer to Everton*
Arsenal winger Theo Walcott is on the verge of signing for Everton for a fee of £20m, according to reports.
The Gunners' longest-serving player has scored 108 goals for the club but has found game time difficult to come by this season in a year when he is desperate to be included in Gareth Southgate's England squad for the World Cup in Russia.
Everton offered the most attractive financial package to Walcott amid interest from fellow Premier League side West Ham, and is due to undergo a medical on Tuesday afternoon and could be included in Sam Allardyce's squad for Saturday's Premier League game at home to West Brom.
The proceeds from the 28-year-old's sale, which could rise to £25m with add-ons, will go towards Arsenal's efforts to sign Brazilian winger Malcom from Bordeaux and West Brom centre-back Jonny Evans.
Meanwhile, Arsenal will not sanction the sale of Alexis Sanchez to Manchester United until they have agreed to sign Henrikh Mkhitaryan as a replacement.
Arsenal's pursuit of Mkhitaryan hinges on whether the attacker is paid off by United due to his contract running for another two years, Goal understands.
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