LONDON — Arsenal chairman Peter Hill-Wood has warned Theo Walcott that his club has no intention of smashing their wage structure to keep him at the Emirates Stadium.

Walcott is out of contract at the end of the season and the England winger has reportedly rejected Arsenal’s latest offer of £75 000-a-week wages as he looks for a better deal.

“We have got our general overall wage structure and we are not prepared to break it for anybody,” Hill-Wood said. “We have made an offer which he didn’t think was acceptable and that is the end of it. We think it is a very reasonable offer.” — Daily Star