Juventus are hoping to convince Arsenal to part with winger Theo Walcott in the January transfer window by making an offer of £10million.

The 23-year-old refused to sign a new contract with the north London club after reportedly turning down a new long-term deal which would have seen him earn around £75,000-a-week.

Walcott is now in the final 12 months of his contract and would be able to leave on a free transfer at the end of the season if Arsenal failed to extend his deal.

Theo Walcott
Walcott in action for Arsenal earlier this season [Reuters]

The Daily Mail believes that the Italian champions will make an offer of £10million in order to test the resolve of Arsenal.

Should an offer arrive then it will be a difficult decision for Gunners boss Arsene Wenger who would certainly not want to risk losing the England international on a free.

Arsenal signed Walcott from Southampton in a deal worth around £9.1million back in January 2006 and he has gone on to make more than 150 appearances in the Premier League.

However, he has often been the subject of criticism from Arsenal fans and has struggled to consistently perform at the very highest level.

Walcott has started one game this season, but found himself on the bench in the 2-0 win over Liverpool at Anfield, and finds himself fighting with the likes of Alex Oxlade-Chamberlain and Lukas Podolski for a place in the starting XI.

The Mail is reporting that Arsenal are unprepared to match the £100,000-a-week demands of Walcott who was linked with the likes of Liverpool, Manchester City and Paris Saint-Germain in the summer.

Juventus could well be an attractive option for Walcott after an incredible season in which they won the league without losing a single league game, guaranteeing them a place in the Champions League.

They have also started this campaign in impressive form, beating Parma 2-0 and then thrashing Udinese 4-1.

Walcott would also be able to link up with his team-mate Nicklas Bendtner who moved to the club on a season-long loan in the summer.