The Brazilian attacker has agreed a five-year contract and will undergo his medical tests on Wednesday before joining the Catalan giants on the club's pre-season tour.
Sporting director Monchi says Roma are "looking at [their] options" after seeing their move for the Brazilian hijacked by Barca at the eleventh hour.
# Bordeaux canceled Malcom's flight to Rome while AS Roma fans waited at the airport to watch the arrival of their new star.
"I told him that we had an agreement, we had made the deal, but he said that nothing had been signed and that, despite having sent some documents to be signed, nothing could be done". I called Pallotta and he told me that we could make a higher offer, against my opinion.
"After that I was surprised to be told that the agents and Bordeaux wanted another improved offer, as Barcelona were still pushing for a deal".
Monchi had earlier explained how the club thought they had got their man after "three of four days of intensive negotiations" with Bordeaux, only to see the Brazilian slip through their hands after being gazumped by Barca.
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"I informed [Martin] and [Malcom's] agents that Roma were ready to beat Barcelona's offer". "We did not want to enter an auction: We could not continue like that".
"I am very sorry for what has happened, but I believe that we had a complete agreement with Bordeaux - and then offered even more than that to get it done again", Monchi told the Roma website. Although we don't have any signed documents, I have lots of messages from [Malcom's] agent and [Bordeaux's] president.
Malcom, who has yet to represent his country at senior level, began his career in his homeland with Corinthians and was part of the Campeonato title-winning side of 2015 before moving to France in January 2016. If someone wants to come to Roma that is great, but ultimately if they do not want to come to Rome then we do not want them.
The flight that was due to take Malcom to Rome for a medical was promptly cancelled, and the former under-20 worldwide was confirmed as a Barca player less than 24 hours later, for a fee believed to be around €41m.
Barcelona's newest acquisition posed for the cameras next to the Barcelona badge at the club offices on Tuesday evening.
Malcom scored 23 goals and contributed 16 assists in 96 games for Bordeaux in his two-and-a-half seasons at the club.
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