Theo Walcott
Walcott is a reported target for Tottenham.

Tottenham and Arsenal look set to start a fierce competition off the pitch as well as on it, with the cross-town rivals fighting over both Eden Hazard and Theo Walcott.

Today the Daily Express are claiming that Harry Redknapp has told close confidants that he hopes to be able to take Walcott under his wing, whether it be for club or country next season.

"Harry loves Theo. He would love to manage him again for Spurs or England," a source told the paper.

The move would be a shock one for both Tottenham and Arsenal fans, but with the winger out of contract in the 2013 summer, he may be looking at other options, particularly if Spurs are in the Champions League and their rivals aren't.

Walcott has scored eight goals so far this season, and the 22 year old has been credited with numerous assists to Robin van Persie as the striker has taken the Premier League by storm.

But Arsenal fans have recently taken issue with Walcott, and in particular against Tottenham the winger received abuse from the crowd for his performance, despite scoring two goals.

Van Persie's future at Arsenal will no doubt be a big part of Walcott's decision to stay and sign a new contract or run down his current deal with a move in mind, and Spurs will be keeping a close eye on the situation surrounding the former Southampton man at least.

Meanwhile, both clubs are also looking set to compete for Eden Hazard, with Bacary Sagna weighing in on the debate surrounding the sought-after playmaker's future.

"I think it would be an error for him," he told the Daily Mirror when asked about the notion of Hazard signing for Tottenham.

"I watch the French League and Hazard is an excellent player. It would be a major signing for Arsenal, but it's up to different people to decide his destination.

"He needs to reflect and make the choice of club for the style of football.

"If he goes to Spurs, he will be an enemy for me. Hazard has the perfect profile for the Premier League because he has swiftness, is a very good dribbler and is able to find spaces for team-mates.

''He is a player who can change the rhythm and provoke problems in defence."