Urged to find himself a new club by United manager Ruben Amorim, Malacia is currently training at Carrington after being left out of their USA tour squad.
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Voetbal International says an unnamed Saudi Pro League club (SPL) have made contact with an offer for Malacia.
The SPL team are bidding €7m for the 25 year-old Holland international.
Malacia spent the second-half of last season on-loan with PSV Eindhoven.