Arsenal manager Arsene Wenger is pleased with the way talks are progressing with Theo Walcott regarding a new contract for the attacker.
The Gunners forward has constantly said that he wants to stay at the Emirates, but with his current deal expiring at the end of the season, speculation suggested that he may move on as the club and player struggled to agree on a new deal.
Talks have been ongoing at the club though, and Wenger feels optimistic that Walcott will put pen to paper soon.
"We're on a good road with Theo's negotiations," the 63-year-old told reporters. "I'm more optimistic this week than last week. The discussions have progressed smoothly but slowly.
"As long as nothing is signed, you are cautious. I'm optimistic we'll get to a happy conclusion."
Reports also claimed that Walcott wanted a clause in the contract stating that he will be used as a central striker more than as a wing, but Wenger has dismissed those suggestions.
"I can see Theo Walcott playing more up front but he never made it a condition to sign or not," he added.
"He just wants to play. He is happy to play on the flank as well. I see him playing more up front"