Arsenal are ready to open contract talks with the England international in a bid to stave off competition from the likes of Liverpool and Chelsea.
Walcott missed the first half of the season as he recovered from a cruciate knee ligament injury and he has struggled to retain a regular starting place since returning, making just eight Premier League appearances.
Despite his struggles, Wenger believes the player has a bright future and is keen to keep him at the Emirates.
“I believe he will have a great future and I want him to stay here,” Wenger said.
“Walcott is getting better every week and will have a great goalscoring record in the future.”
Credit: Michelle/Setanta Sport
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