Barring a miracle, the Gunners will once again miss out on the Premier League trophy this season, with Liverpool storming 13 points clear at the top of the table.
Finishing as runners-up would be Arsenal’s third successive second-place finish and would really test the resolve of both the club and Mikel Arteta, who have been aiming to guide Arsenal to a first Premier League title since 2004.
It is generally accepted that Arsenal need to sign a new striker this summer after failing to bolster Arteta’s attacking options either in January or last summer.
Walcott’s dream signing would be Newcastle United striker Alexander Isak, who is being linked with the likes of Real Madrid, Chelsea, Manchester United and Liverpool as well as Arsenal.
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Ex-England winger Walcott has also backed the Gunners to sign Bryan Mbeumo from Brentford and Callum Hudson-Odoi from Nottingham Forest.
Chelsea sold Hudson-Odoi for just £5m in 2023 but have watched the 24-year-old – who was once the subject of a £50m offer from Bayern Munich – thrive at the City Ground, helping Forest challenge for the Champions League places.
Arteta urges Arsenal to 'step up' after goalless draw to Nott'm Forest
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