Roma confirmed on Monday that they had reached an agreement to bring the 21-year-old to the Italian capital for a fee of €38m (£34m/$44m).
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"We are looking at our options and seeing if we have a legal case", Monchi revealed in a news conference.
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"I informed the Bordeaux president and his agents that Roma were ready to beat Barcelona's offer".
His signing leaves Ernesto Valverde's side well stocked across the forward line with Lionel Messi, Luis Suarez, Ousmane Dembele and now Malcom all competing for a place in the attack. "Pallotti made the decision to make the best offer possible but when the negotiation became an auction we chose to withdraw".
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Vettel, who is also bidding for a fifth title, leads Hamilton by eight points. Now we take the English flag and hang it in Maranello. I'm not playing you against anybody else.
It was at that point that Monchi claims Bordeaux and Malcom's representatives were still angling for more money, so he pulled Roma out of the deal.
"We assessed that everything was in order and that there were no irregularities", AS was told by the club, and they therefore targeted getting the deal done within 24 hours, something they succeeded with. We could not continue like that.
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