Sky Sports are reporting that Theo Walcott is heading to Southampton for a medial ahead of a return to his original career starting point at St Mary's on a season long loan deal.
According to the media Theo Walcott's return to his first club is about to happen with major media outlets like Sky Sports claiming that he is about t undergo a medical, something that at this late hour would be unlikely to happen unless terms had been agreed between the clubs
It seems that with Walcott in the final year of his contract at Goodison Park and not in first team contention , Everton have accepted they are unlikely to get a fee for the player who is now 31 and who left Saints just before his 17th birthday almost 15 years ago.
He is on £100,000 a week at Everton which explains why he chose to go to Merseyside ahead of Saints back in January 2018 when the transfer fee was said to be around £20 million.
The Liverpool Echo are saying that the two clubs have agreed to split his wages, although whether that will be a 50/50 split isn't quite clear.
Walcott made 21 appearances for Saints in the Championship as a 16 year old scoring 4 goals, he also played a game in both cup competitions adding another goal to his tally.
Saints fans seem to be split as to whether this will be a good deal or not, but in some respects it is a low outlay in that Saints will only have to pay his wages for a period of 8 months, so that will be a total outlay of £4 million assuming a 50/50 split , so from this perspective it looks a reasonable punt.