Barcelona have reportedly agreed a deal with Zenit St. Petersburg that will see Malcom move to the Russian club.
According to RMC Sport's Mohamed Bouhafsi (h/t Football Espana), Zenit will pay an initial €40 million for the Brazilian and potentially a further €5 million in add-ons, with the winger putting pen to paper on a five-year contract.
Malcom still has four years left on the deal he signed upon joining Barcelona from Bordeaux last year for €41 million.
Barcelona boss Ernesto Valverde appeared to have little faith in him, as he handed him just 24 appearances in all competitions, only 11 of which were starts.