According to Italian media outlet Corriere dello Sport, Silva has agreed a £70,000-a-week deal to join Italian club Fiorentina.
Silva is taking a huge paycut to join Fiorentina after earning a hefty £1.3million a month with Paris Saint-Germain.
Speaking this week, Thiago declared: “I have already said a lot of times before I wanted to, that I want to finish [my career] here in Europe.
“A decision was taken, now things are calm in my head. It will be…another club, but my heart will stay here.”