Arsenal news: Bayern Munich clear the path for summer deal to be completed
Malcom was on Arsenal and Tottenham's radars in January
Reports earlier this month indicated Bayern Munich are exploring a deal for the 21-year-old ahead of the summer window.
Malcolm has already turned the heads of Arsenal and Tottenham and has netted eight times in Ligue 1 for Bordeaux this term.
Although the Gunners explored a deal for the Brazilian in January, they ended up splashing out a club-record fee of £55.5million to bring Pierre-Emerick Aubameyang from Borussia Dortmund.
Spurs meanwhile, were looking at potential cover for Harry Kane, however decided against a deal.