In Full - Heated Press Conference As Wenger Goes HAM On Reporters...

Thierry Henry could make third debut for Arsenal against Swansea in FA cup fixture next month...

Thierry Henry is set to make his third Arsenal debut in the FA Cup clash against Swansea on January 6.

The Gunners are in advanced talks with New York Red Bulls over a loan spell that will start five days earlier.

And manager Arsene Wenger hopes Henry can feature in his side’s FA Cup third round tie.

A deal has been agreed in principle but the two clubs remain in discussions over the length of the loan deal.

Wenger wants Henry, 35, until the end of the season but the MLS club are reluctant to lose their striker for that period of time.

The Red Bulls would prefer to have their star striker back for the start of their season in March.

Henry will be the first January arrival at the Emirates Stadium - and Wenger hopes at least two more will follow.

Holland striker Klaas-Jan Huntelaar is a prime target, as is Crystal Palace whizzkid Wilfried Zaha.

Contract News: Theo Walcott continues to frustrate Arsene Wenger!!!

Arsenal boss Arsene Wenger says he is frustrated that Theo Walcott is stalling on a new deal and wants him to decide on his Arsenal future soon.

The striker is out of contract this summer and would be free to sign a pre-contract agreement with another club in the January transfer window.

The 23-year-old has scored 10 goals from 17 appearances and is the club's top scorer.

"He knows what I want and he has to make up his mind," Wenger said.

"We have not made any progress. I have no news, I am frustrated.

"We are in negotiations for a long, long time. We have not been late in re-negotiations with him. We always try to extend contracts very early."

Walcott rejected a five-year deal worth £75,000-a-week in August, and has indicated his future may rest on whether he plays in a striking role.

The 23-year-old has made just five starts, with seven substitute appearances, in 16 Premier League games this season.

Wenger said last month that the club don't want to sell Walcott in January even though it is a risk as he could leave for free in the summer.

Walcott, who played for England in Euro 2012, joined Arsenal from Southampton for £12.5m as a 16-year-old in 2006.

He has scored 52 goals in 237 appearances and won 30 England caps during his time at the club.