The Sun says Valencia have debts of £400m and the Spaniards are looking to fund a new £250m stadium.
And owner Juan Solares is desperately trying to sell the club.
Solares was furious with figurehead president Juan Villalonga for rejecting Atletico Madrid's £17m bid for Silva - an obvious sign he was ready to do business at that price.
The figure is lower than Benitez and Co expected them to demand and, with no immediate end in sight to the war which is tearing Valencia apart, Liverpool could get the Spain winger for a cut price.