The England global failed to make a single Premier League start under Arsene Wenger this season in a campaign which will determine whether or not he will be included in Gareth Southgate's squad for the World Cup in Russian Federation.
Although Walcott has a long affinity with Arsenal, the move felt like a necessary one for the England global.
"And with the players that have come in, I feel like the next level can be reached". I feel like the players have got a point to prove, I have got a point to prove and it is going to get the best out of us, I am sure.
Walcott could make his first Premier League start since April for the visit of West Brom and the 28-year-old is raring to go.
Everton manager Sam Allardyce praised the new signing, saying, "I'm thrilled we've been able to secure a player of Theo's experience and quality". After speaking to the gaffer, particularly Wayne [Rooney] as well, I felt like the club was on the up.
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- Theo Walcott (@theowalcott) January 17, 2018 2/2 I would also like to thank all my team mates I have had the pleasure of playing alongside, but most importantly the fans for their incredible support.
"He wants to play every week and really take his career forward again", Allardyce said.
"It felt like it was time for me to move on [from Arsenal]", Walcott added.
Toffees head coach Sam Allardyce will be looking for Walcott to solve Everton's goal troubles this season and said of his new signing: "He's proven".
Walcott leaves with 108 goals and 397 appearances, while he also won two FA Cups during his time at Arsenal. "His assists are pretty good as well as his goals".
"His pace is one of his key strengths which we lack in this squad".