Chelsea's shock swoop for Arsenal's Walcott

Walcott was England's star performer against Sweden

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Theo Walcott of Arsenal celebrates scoring his side's equalising goal during the Barclays Premier League match against Queens Park Rangers at Loftus Road on March 31, 2012 in London, England. (GETTY)

Chelsea are lining up a shock swoop for Arsenal's Theo Walcott as the England winger stalls on signing a new deal, according to the Daily Mail.

The 23-year-old, who played a bit part role at Euro 2012, has just a year left on his contract.

That has alerted Premier League rivals Chelsea who have joined the race for his signature along with PSG who are lining up a £8million bid for Chelsea captain John Terry.

Despite the controversy over his selection, Terry impressed during his four appearances for Roy Hodgson's side this summer.

And PSG, managed by former Chelsea boss Carlo Ancelotti, are chasing the 31-year-old after a £45m move for AC Milan's Thiago Silva fell through.

Walcott was their star performer in their 3-2 win over Sweden in the Euros but was prone to injury.

Nevertheless, Arsenal are in danger of losing both Robin van Persie and Walcott who have just a year left in their contracts.

Gunners manager Arsene Wenger may be doing everything at his disposal to keep their talismanic captain Van Persie who is set to become the highest-paid Arsenal players if he decides to stay on.

Wenger has for some time now been preparing for life without Robin Van Persie who has been heavily linked with a move to Manchester City.

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  Team P W D L GD PTS
1 = Man Utd 38 28 5 5 43 89
2 = Man City 38 23 9 6 32 78
3 = Chelsea 38 22 9 7 36 75
4 = Arsenal 38 21 10 7 35 73
5 = Tottenham 38 21 9 8 20 72
6 = Everton 38 16 15 7 15 63
7 = Liverpool 38 16 13 9 28 61
8 = West Brom 38 14 7 17 -4 49
9 = Swansea 38 11 13 14 -4 46
10 = West Ham 38 12 10 16 -8 46
11 = Norwich 38 10 14 14 -17 44
12 = Fulham 38 11 10 17 -10 43
13 = Stoke 38 9 15 14 -11 42
14 = Southampton 38 9 14 15 -11 41
15 = Aston Villa 38 10 11 17 -22 41
16 = Newcastle 38 11 8 19 -23 41
17 = Sunderland 38 9 12 17 -13 39
18 = Wigan 38 9 9 20 -26 36
19 = Reading 38 6 10 22 -30 28
20 = QPR 38 4 13 21 -30 25

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