Report: Manchester City set to make offer for Arsenal winger Theo Walcott

The list of potential new signings for Manchester City this summer keeps on growing... and there is a shocking new rumor.

According to a report from Evening Standard, new City manager Pep Guardiola has shortlisted Arsenal winger Theo Walcott as one of his main transfer targets. The Catalan coach looks at the 27-year-old as a good backup option to his main stars, and is prepared to make a bid to turn him into a Sky Blue.

Walcott has fallen down Arsene Wenger's pecking order this season, and even after an attempted change of position to striker in order to get more minutes on the first team, the player is still not being called to action by his coach and could be looking to move away from the Gunners and play more elsewhere.

It is hard to believe Walcott would join City or have a key role, but remember Guardiola signed a relatively unknown Douglas Costa this season, and the Brazilian has become a sensational player at Bayern Munich. Pep has an eye for talent and has the ability to make most of his signings work out in his system.

Another valid reason to sign Walcott is that he would qualify as a homegrown player, an important thing to keep in mind as Guardiola is likely to bring in quite a few foreigners, and having Englishmen on the squad would avoid troubles in that regard.

But still, Walcott? That's weird...