Malcom has has targeted a "dream" summer move to Bundesliga champions Bayern Munich after reiterating that "it is time" to leave Bordeaux.
The 21-year-old is expected to have a number of clubs to choose from at the end of the season, having stood out during each of his three campaigns in the French top flight.
Tottenham Hotspur and Arsenal are both said to have bids knocked back for the Brazil Under-23s international in the January window, while Bayern were themselves tipped to make a move.
Malcom would favour a switch to the Allianz Arena, but is also open to joining a Premier League side should he have to.
"I think it's time," he told Sky Deutschland. "I've done a good job here and I'm grateful to Bordeaux, but I need a new challenge now, I have to set new goals. Bayern is one of the biggest clubs in the world. It would be a dream to play there someday. Everyone knows Bayern Munich.
"It makes me very happy that they think about me. I will continue to work hard on me. Who knows, a change to Munich may soon become a reality.
"The Premier League is also a very interesting option," he added. "I learned the language quickly, had no major difficulties. French was much harder, so in England I would be fine, but in the end, I'd integrate anywhere."
Despite Malcom's desire to join the Bavarian giants, though, Jupp Heynckes revealed earlier this week that he has never shown an interest in the attacker.