Theo Walcott on Tuesday underwent medicals at Everton as he nears a £20m move away from Arsenal.
The England international, 28, is expected to seal the deal before the week runs out, ending speculations about his future.
Walcott is reportedly excited to play under Toffees manager Sam Allardyce and believes it would help him reignite his career.
The forward has bagged 108 goals in 397 games for the North London side but has fallen down the ladder in the team.
Arsenal plan to use the funds to reinvest as they pursue Borussia Dortmund striker Pierre-Emerick Aubameyang and Bordeaux forward Malcom.