The decorated Brazilian centre half, who is now 39, wants to play in his homeland before he retires.
Per The Standard, Silva did have a chance to stay at Chelsea for another season.
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However, he decided that it is the right moment for him to end his European adventure.
Silva won Chelsea's Player of the Year at the end of the 2022/23 and managed 150 games for the club.
He signed late in his career as a free agent from Paris Saint-Germain, but showed his class throughout.