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A report claims that rumoured Arsenal target Malcom could be on his way to Borussia Dortmund as the German side are prepared to pay Barcelona £38m.

Borussia Dortmund are in talks with Barcelona over the purchase of winger Malcom, according to a report.

The 22-year-old has been tipped to leave Camp Nou this summer after failing to make an impression during his debut season in Catalonia.

Malcom, signed from Bordeaux for £36.5m last year, is rumoured to have previously been closing in on a move to Arsenal.

Goal.com claims that the Gunners are likely to be beaten to the Brazilian's signature by Dortmund, however, as last term's Bundesliga runners-up have indicated that they are prepared to hand over £38m.

Malcom has a £160m release clause in his contract, but Barca will supposedly be willing to accept BVB's offer as it will still mean making a profit on a player who flopped last season.

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