Arsenal are set for talks today over a deal for Bordeaux attacker Malcom.
Sky Italia says representatives of the young Brazilian are in London today for negotiations.
Arsenal are outright favourites to sign Malcom, whose arrival will allow them to sell Alexis Sanchez. Gunners boss Arsene Wenger has stated the Chilean will only leave once a replacement is found.
On Friday, Wenger stated: "He is a good player but nothing is happening. We are not on that case at the moment.
"I don't rule it out. We are in the market and we are active. But I don't want to give news that I cannot confirm. Things change very quickly."