Spanish champions Barcelona announced today they have signed Brazilian winger Malcom from French side Bordeaux on a five-year deal for 41 million euros ($48 million).
"FC Barcelona and Girondins de Bordeaux have reached an agreement for the transfer of the player Malcom Filipe Silva de Oliveira. The operation will cost 41 million euros and 1 million in variables," Barcelona said in a statement.
"The player will sign with the club for the next five seasons, until the end of the 2022/23 season."
Malcom had been expected to arrive in Rome on Monday night for a medical on Tuesday before joining his future teammates on their pre-season tour of the United States the following day, but had his flight cancelled by the Ligue 1 outfit at the last moment.
Barcelona made contact with Bordeaux following the failure to sign Brazil international Willian from Chelsea and, according to Italian media reports, made a bid larger than the reported fee of 38 million euros ($44.4 million) agreed with Roma.
Malcom had been a reported target for several European clubs including Premier League sides Arsenal and Tottenham, but English clubs may have been put off from making a bid as he needed a UK work permit to play in the Premier League.
Malcom scored 12 goals in 35 league games for Bordeaux last season.
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