Bordeaux are said to want up to €55 million (£48.5 million) for Malcom, and manager Mauricio Pochettino has personally called the 21-year-old to discuss a move to Spurs, according to RMC Sport (h/t Tom Coast at Sport Witness).
If the latest injury is as bad as feared, Kane would miss the FA Cup quarter-final at Swansea on Saturday, the semi-final if Tottenham progress and four league fixtures, including clashes with Chelsea and Manchester City.
On Kane's injury, Pochettino claimed: "He's a warrior". "He put his leg in the washing machine for the team to try to score - against Sunderland, Millwall and now, because he's so fearless". "We're trying to help him to feel perfectly. Maybe I am not objective because he is my player but, for me, he is fantastic".
However, Pochettino is expected to stick with his policy of rotating his full-backs so we should see Kieran Tripper come in for Serge Aurier at right-back while Ben Davies could start on the left. "You're going to read all the info in the media - that's one thing".
"For me, who is in that position is not as important as how you are going to use the space and try to overcome the tactics of the opponents, but we have enough quality and different alternatives and now I have to pick who is best for every single game while Harry is out injured".
"Of course, it's not a long-term injury and it's easier to keep your form, and that helps you to be fit quicker when you fix your problem".
"The reality is now he's in his crutches and a boot and we need to assess him day-by-day and we'll see the reaction".
He added: "The people are saying that because they are frustrated because Tottenham in the last few years have shown unbelievable quality, play good football and everyone enjoys it every time they watch the team play. But in terms of the project I think we are doing fantastic". That is part of the process.