Spurs reportedly have a meeting scheduled next week with Malcom's representatives to discuss the player's situation.
Despite this, rivals Arsenal are also pushing hard to sign the winger, and were due to meet with Malcom's agents yesterday.
Bordeaux want 50 million Euros if they are to consider selling the winger (£44.5m).
Malcom signed for the Ligue 1 club from Corinthians last year and has been one of the stars of Ligue 1 this season.
He has had a flying start, scoring seven goals and providing four assists in 18 matches.
The 20-year-old is a contender to feature at the World Cup for Brazil, and a £44.5 million move for the winger could end up looking cheap by the end of the summer.