Roma chief Ricky Massara has already met with agents for the Portugal U21 striker, who spent last season on-loan with Las Palmas.
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Il Corriere dello Sport says Roma are now readying a bid for Silva, with Wolves prepared to sell.
Silva's deal is now inside it's final 12 months.
The young striker can leave Molineux this summer for €15m and Massara is ready to enter talks over a permanent transfer.