Pellegrino responds when asked if Southampton are interested in signing Arsenal's Theo Walcott

Theo Walcott of Arsenal warms up prior to the Premier League match between Crystal Palace and Arsenal at Selhurst Park on December 28, 2017 in London, England.

The Arsenal man has been linked with a return to Southampton this month.

Southampton's Argentinian manager Mauricio Pellegrino shouts instructions to his players from the touchline during the English Premier League football match between Liverpool and...

Saints boss Mauricio Pellegrino spoke to reporters ahead of his side's FA Cup clash with Fulham at the weekend, and responded when asked if he is interested in bringing Gunners ace Theo Walcott to St Mary's this month, as quoted by Sky Sports.

The 28-year-old has fallen out of favour with Arsene Wenger at Arsenal this season, and a January exit from the north London outfit seems like the ideal solution for both player and club.

Walcott still has a lot to offer at the very highest level, despite his lack of action this season, and a return to his boyhood club would surely be greeted with much excitement from Southampton fans.

Theo Walcott of Arsenal shoots during the Carabao Cup Third Round match between Arsenal and Doncaster Rovers at Emirates Stadium on September 20, 2017 in London, England.

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Pellegrino, though, neither confirmed nor denied his interest in the 47-capped England international, when speaking to reporters, but did call Walcott an 'excellent player', as quoted by Sky Sports:

Southampton's Argentinian manager Mauricio Pellegrino awaits kick off in the English Premier League football match between Bournemouth and Southampton at the Vitality Stadium in...

"There are many players that we have interest in. I can’t say anything because, obviously Walcott is an excellent player, but I can’t confirm this. We are in the market ready to try to bring somebody that wants to come but I know it will be difficult."

Walcott joined Arsenal from the Saints in 2006, for a fee believed to be in the region of £12 million, and Wenger would surely accept a bid in the region of what he paid for him 12 years ago, if he decided to sell the pacey forward.

With the January transfer window now open and in full swing, this will certainly be one for Southampton fans to keep a close eye on.

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