Everton, Burnley and West Ham United were all in the market for goalscorers this summer.
Newcastle United look set to replace Sunderland in next season's Premier League.
The 13-year-old made his debut for the Bhoys' Under-20s this week.
Rangers and Celtic meet in the Scottish Cup semi-final on Sunday.
Former Arsenal attacker Perry Groves has his say on the current situation at Newcastle United.
Perry Groves believes that Walcott has finally discovered he is not a striker.
Former Arsenal star Perry Groves dismisses reports that Tottenham Hotspur will sell Hugo Lloris in the summer transfer window.
Perry Groves believes that Arsenal’s change to a 4-1-4-1 formation this season has hurt the club.
Perry Groves believes that Arsenal will win the Premier League if they sign Sami Khedira in January.
Former Arsenal midfielder Perry Groves told talkSPORT listeners which three Manchester United players he thought would be at the club next August.