Transfer news: Arsenal close to finalizing Malcom deal as Alexis Sanchez leaves for Manchester

Arsene Wenger is close to sealing a deal for Bordeaux winger, Malcom.

Malcom is expected to replace Alexis Sanchez, who is on the verge of signing for Manchester United.

The Brazilian will cost Wenger £45million and it is believed the Frenchman held a meeting on Thursday to agree terms with Malcom’s representatives and has scheduled another meeting to finalise the deal.

Speaking after his side lost 2-1 to Bournemouth on Sunday, Wenger admitted Sanchez’s departure could be wrapped up “within 48 hours”.

“It could happen today or tomorrow or not at all,” Wenger said, when asked about Sanchez leaving.

“That’s why I didn’t want to travel with him today for him to go somewhere else.

“Alexis would have played but this is a difficult period for him. He has always been committed until now.

“He could have moved today or yesterday or not, but it will be decided in the next 48 hours. He is on standby so I decided not to bring him today. It wasn’t that he didn’t want to play.”