Arsenal manager Arsene Wenger believes Theo Walcott will pen a new contract by Christmas.
Contract talks between the forward and club have stalled with the Gunners not ready to accept Walcott's wage expectations, while his demand to play as striker is also a sticking point.
The forward will be out of contract at the end of the season and Wenger said in his press conference on Thursday that Walcott's future was now a matter of 'urgency'.
Wenger said: 'I want it resolved by Christmas. His right position is through the middle in the future.'
The 23-year-old scored a hat-trick in Gunners 7-5 Capital One Cup win over Reading.
He said: 'Theo was superb last night. I always said that he will be a striker, so we are on the same wavelength there.
'First of all he is a good finisher now. Secondly, he knows where to be in the box on the rebound.
'That's a quality of a striker you can't give, you feel it or you don't.
'He has the qualities to play as a striker and I hope he will be a striker at Arsenal. I always said I want to keep him.
'During the contract talks you have to give him credit for the way he's committed to the team and the way he behaves.'
Nov. 1, 2012.
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