After a busy few days in the transfer window, there's been plenty going on in Arsenal's pursuits of Malcom, Pierre-Emerick Aubameyang and Henrikh Mkhitaryan. Here are the latest updates.
On Friday, David Ornstein gave the kiss of death to the Malcom-to-Arsenal rumours, and the Brazilian now looks more likely to join Tottenham, so how did we end up here?
No sooner had Arsenal fans come to terms with the fact their club probably wouldn't be signing Malcom this month, Spurs have come galloping in to nab the 20-year-old.
It looks as if Malcom's move to Arsenal is well and truly off... for now.
Bordeaux have called winger Malcom to a disciplinary hearing, after he was seen laughing and joking in a video following defeat to Caen.
Hatem Ben Arfa has reportedly 'politely' rejected the chance to sign for Bordeaux, which could be bad news for Arsenal in their pursuit of Malcom.
Bordeaux manager Jocelyn Gourvennec has set the cat among the pigeons with his latest comments regarding 20-year-old forward Malcom.
Arsenal have been dealt another setback with their reported interest in Malcom, with Bordeaux's president denying the Gunners making any contact over the £44.5m-rated forward.
Malcom could be Arsenal's replacement for Alexis Sanchez, with the Gunners being heavily linked to the Ligue 1 star this month. But who is he? And is he worth the money?
Arsenal could reportedly beat Tottenham to the signing of Bordeaux forward Malcom, as they're willing to pay more money in January.
With Bordeaux forward Malcom reportedly set to move to Arsenal one minute, and stay in France the next, it's hard to decipher which story is most accurate.
Bordeaux forward Malcom will not be leaving during the January transfer window, according to their club president, meaning Manchester United might not be getting Alexis Sanchez just yet.
Malcom told reporters the reason he's playing so well this season is he wants to go to the World Cup. Could that also inspire him to move to Arsenal?
Malcom is with his agent to 'finalise a transfer to Arsenal', according to a French journalist, as his representatives hint at a move on social media.
Malcom provided an assist in Bordeaux's match against Troyes on Saturday night, after his representatives visited London amid rumours of a transfer to Arsenal.
Malcom's representatives flew in to London amid claims Arsenal want to get a deal for the Bordeaux man completed this weekend.
Arsenal want to finalise a deal with Bordeaux for Malcom this weekend, and they've planned a meeting with his representatives to do so.
Mauricio Pochettino says leaks in their transfer business make it difficult to sign players ahead of the other top-six clubs.
Arsenal's squad could go through more change if they shed some squad players and make one big change to the first team this January, so how could they be lining up at the end of the month?
Arsene Wenger has denied that Arsenal have made contact with Bordeaux winger Malcom, despite Brazilian press labelling us as favourites for his signature.
Arsenal have reportedly set up a meeting with Bordeaux to discuss the transfer of Brazilian forward Malcom.
Bordeaux winger Malcom has revealed he's learning English amid speculation he could join Arsenal.
Talks between Arsenal and Bordeaux winger, Malcom, are reportedly progressing well.
Arsenal could have signed Tottenham and Manchester United target Malcom in 2015 for £35m less than he's currently being valued at.
Arsenal could compete with Manchester United for the signing of Bordeaux winger Malcom, according to reports.
Manchester United have joined Arsenal and Chelsea in the race for highly-rated Bordeaux winger Malcom.