Arsenal were close to making a double loan swoop from Barcelona on a busy day in north London.
Having already sealed the capture of Denis Suarez on Thursday, it emerges that Unai Emery also tried to bring in his team-mate Malcom.
But the Spanish giants were not willing to let the Brazilian go on the cheap, so soon after his £36.5m arrival in the summer.
Arsenal were left astonished by the enormous loan fee that Barca demanded for the winger and decided to walk away, according to The Sun.
Malcom has made just one La Liga start and five substitute appearances since moving to the Nou Camp from Bordeaux in the summer.
Suarez proved to be Arsenal's only addition on deadline day, arriving on loan with the option of a permanent £20m deal in the summer.
He will wear the No 22 shirt and could make his debut on Sunday against former club Manchester City.
'I've come here to play as much as possible and try to help the team qualify for the Champions League,' Suarez said.
'I'd like to win the Europa League with Arsenal too - why not? It's a trophy I won under Unai Emery at Sevilla and I'd love to win it again here.'
playbra
66
Couldn't disagree more Chelsea were asking for 75m and Willian is nowhere near that money, plus he's not the best person to have in your dressing room. Malcom is one for the future, he hasn't adjusted to life in Barcelona yet, neither did Dembele or Neymar and both went on to prove that they were great signings once they settled in. He has shown flashes of brilliance, I never expected him to be a standout performer already he's not a finished product by any means. I'd give it at least another season before passing any kind of judgment on him and I'm really glad we got him instead of Willian as I don't see us losing any money on him. Either he goes on to become an important part of the squad or he gets sold for a profit, both are good scenarios.
chidesco1
57
Arsenal won't ever start negotiations early on, until the deadline day, when clubs will always exploit others given the importance of the transfer. Even if malcom wasn't their primary target, he might've been their plan B or C. This shows lack of proper transfer handling within the board.
TeamJUV
47
When Valverde wanted to sign wine( Willian ), but the board purchased soda ( Malcom ). I'd rather want to say wrong signing. Couldn't disagree more Chelsea were asking for 75m and Willian is nowhere near that money, plus he's not the best person to have in your dressing room. Malcom is one for the future, he hasn't adjusted to life in Barcelona yet, neither did Dembele or Neymar and both went on to prove that they were great signings once they settled in. He has shown flashes of brilliance, I never expected him to be a standout performer already he's not a finished product by any means. I'd give it at least another season before passing any kind of judgment on him and I'm really glad we got him instead of Willian as I don't see us losing any money on him. Either he goes on to become an important part of the squad or he gets sold for a profit, both are good scenarios.