This fact does not appear to be lost on Liverpool. According to a report by the Daily Mail's David Anderson and Neil McLeman, Reds manager Brendan Rodgers is most definitely interested in bringing Walcott to Liverpool at the winter transfer window.
In the same report, it also becomes clear why Walcott is a realistic target for Liverpool. While Gunners manager Arsene Wenger is still optimistic the two sides can continue their relationship, it seems unlikely. Walcott wants more money and to play at a different spot on the pitch.
Walcott's desire to play more down the middle—and his demand for £100,000-a-week—£25k more than Arsenal's offer—are the twin hurdles to be cleared before the player puts pen to paper.
These aren't exactly minor details, and it would make far more sense for Walcott to head to Liverpool where they are ready and waiting for a young player to give their attack some explosiveness. There is no doubt Walcott can do that.
The only question is how consistently he can do that.
Walcott broke into the EPL at the tender age of 17 with huge expectations. His career has since been defined by inconsistency and injury. He has tallied just 28 goals in 156 appearances, but he also hasn't been given a consistent opportunity to grow. At age 23, he still has plenty of growing to do.
Walcott has been making strides. The potential is there; he just needs some consistent playing time. He is at a point in his career where he needs an opportunity to sink or swim at his desired position.
Liverpool can give him that chance, and both would be better off for it.