The Portugal U21 centre-forward is ready to cut ties with Molineux after spending last season on-loan with Las Palmas.
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Sky Deutschland says Silva has now accepted a contract offer from RB Leipzig.
However, negotiations between the two clubs are far from concluding. Wolves are demanding €25-30m for Silva, which is too rich for RBL.
The Bundesliga club are still in talks with Wolves with an effort to drive down their valuation for the young striker.