Arsenal and Tottenham target Malcom will not leave Bordeaux before Wednesday's transfer deadline.
That is according to the French club's president, Stephane Martin, who is adamant the side's star forward will not be sold this month.
Malcom has been attracting interest from both Arsenal and Tottenham after putting in some eye-catching performances in France.
The 20-year-old has struck eight times in Ligue 1 this season and it looked as though he could be heading to either one of the Premier League's north London clubs for around £40million.
But now Martin has revealed that any deal for the Brazilian is off the table and he will not be sold during the current transfer window.