Real president Florentino Perez had been reluctant to consider the Portugal international, but recent market movement has forced a rethink.
Le 10 Sport says the president has put the midfielder top of his shopping list for the summer market and has already spoken to agent Jorge Mendes about a deal.
Adding to the attraction for Florentino is that Silva is also a target for great rivals Barcelona.
Negotiations are now set to kickoff between Real and ASM for the midfielder.
Source: Tribal football