Arsenal's Theo Walcott (L) celebrates his second goal against Newcastle United with Alex Oxlade-Chamberlain during their English Premier League soccer match at The Emirates stadium in London December 29, 2012.
Theo Walcott (L); Alex Oxlade-Chamberlain REUTERS/Eddie Keogh

Arsenal are shorthanded on personnel, to say the least, but there is much to be hopeful about as key attackers Theo Walcott and Alex Oxlade-Chamberlain could be available against Liverpool on Monday (AEST).

Arsene Wenger could not seem to get his squad in full strength due to series of injuries suffered by different players in respective periods from the get-go. Left-back Nacho Monreal could also join the pair in making a return after suffering from a malleolar injury.

"There's a slight chance of Monreal being available and a very slight chance for Walcott. We hope that Oxlade-Chamberlain will be fit. We'll see that on Saturday," Wenger said on Thursday.

"He [Walcott] is back in training today [Thursday]. But only today, I might take him, I don't know yet until he's back to full training. Let's see," he continued.

Unlike Walcott, Oxlade-Chambrlain will still undergo a late fitness assessment before he could be given the green light.

"That's what we'll see on Saturday after a test. He's [Chamberlain] not in training at the moment."

Second choice keeper David Ospina has finally recuperated from a thigh problem, while Tomas Rosicky could soon join the squad.

"Ospina is back in full training and Rosicky should be back next week," he added.

Meanwhile, midfielders who are out with long-term setbacks are on schedule with their rehabilitation.

"All [Jack Wilshere, Mesut Ozil, Laurent Koscielny, Aaron Ramsey and Mikel Arteta] out. They're all progressing as planned," disclosed Wenger.

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