Southampton manager Mauricio Pellegrino was coy when discussing whether or not the club were interested in signing Theo Walcott from Arsenal this month.

Speaking ahead of Saints’ third round FA Cup clash at Fulham on Saturday, as quoted by Sky Sports, Pellegrino admitted that he was a big fan of Walcott’s qualities but refused to be drawn into discussing transfer speculation.

There are many players that we have interest in. I can’t say anything because, obviously Walcott is an excellent player, but I can’t confirm this. We are in the market ready to try to bring somebody that wants to come but I know it will be difficult.

Saints want to bring in at least two players, Pellegrino has confirmed, as the club aim to turn around what has been a simply diabolical season so far.

Charlie Crowhurst/Getty Images Sport

In January it is not easy to bring in players but the market is huge and I think we will have some opportunities. We have got a couple of targets, four, five, six targets. We have confidence that someone else can come and it will be great for us. We are looking for a player that can improve the level of the squad. In the market you never know until the end.

Walcott is currently being limited to cameo appearances at Arsenal and a move away from the Emirates appears to be a genuine possibility in January. His contract with the Gunners expires at the end of the season, as well.

The 28-year-old left Southampton around 11 years ago and could be set for a surprise return to the south coast. However, a number of clubs have been linked with Walcott, including West Ham and Everton.