The 35-year-old will leave PSG at the end of the season and is in high demand, despite his age.
Fiorentina have joined the race for Silva, but Carlo Ancelotti’s Everton are reportedly in pole position.
Silva wants a two-year contract worth €6m-per-season – €12m over the span of the deal.
According to TMW, Everton have proposed the best contract so far, a package worth €4.5m plus bonuses.
Fiorentina pay Franck Ribery €4m-per-season and would only be able to pay Silva a similar amount.
The Brazilian’s former club AC Milan have cooled their interest because Ralf Rangnick wants younger players.
Silva continues to request a €6m salary, but could possibly go down to €5m.
The veteran defender unlikely to accept less, especially with the summer market in its early days.