The Brazilian is out of contract at the end of the season and the French giants have opted against extending his deal beyond 2019-20 after both parties couldn’t agree to new terms.
The 35-year-old is also wanted by AC Milan, Arsenal, Barcelona and Manchester United, and it will be interesting to see where he ends up.
Silva has been with the PSG since the summer of 2012, playing over 300 games across all competitions and winning it all domestically.
He featured in 30 games before the French league came to an abrupt end, and still has what it takes to improve Everton’s defence for a season or two.
Ancelotti wants a reunion after they successfully worked together at Milan, and landing such a veteran for free would be a steal for the Toffees.
The club’s crop of defenders can learn a lot from Silva, and having him and a few other quality signings this summer can help boost their top-six chances going forward.