Per The Sun, the Portuguese is believed to have a release clause worth 8.6 million.
The 46-year-old does have a contract that lasts until the end of the 2025-2026 season.
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However, there are teams such as West Ham United that want to hire Silva for next season.
If any club is interested, they will have to pay the buyout clause to secure the young coach.
Silva has seen his stock rise immensely over the past two seasons, after earning promotion with Fulham and staying up.