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Friday, November 21, 2008, 08:22
Walcott has undergone an operation after dislocating his shoulder on England duty in Germany this week.
The 19-year-old is widely reported to have hereditary problems with his shoulders, but Wenger said: "There is no concern about that. Once the surgery is done and it is solid, there is no concern at all for the future of Theo Walcott."
Wenger refused to blame the Football Association for the accident, and the Arsenal boss does not yet know whether the club will pursue compensation.
"You have to accept it as an accident which could have happened anywhere," Wenger said. "I do not blame the FA for that.
"In a moment like that you do not think about money, you think about how you can replace the player, you think whether the squad can deal with that. I haven't thought at all about compensation."
Walcott will be out for a minimum of three months but Wenger expects the winger to take longer to recover and regain match fitness.
Wenger refuses to pull his players out of international friendlies - but after a week of club-versus-country rows, he suggests monitoring which injured players feature in the next week could be a sign of where loyalties lie.
"Many players have pulled out because this friendly is very badly positioned," he said.
"It would be very interesting for FIFA and UEFA to make a study of any players who have not played on Wednesday night in any national team, and who will play on Saturday or on Tuesday and Wednesday in the Champions League. That for me would be the interesting thing to see."
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