Bernardo Silva is considering signing new Manchester City contract

Bernardo Silva is reportedly giving serious consideration to signing a new Manchester City deal amid interest in the midfielder from Barcelona and Paris Saint-Germain.

Neither club has submitted a formal bid for the 28-year-old Portugal international as yet and City hope he will commit to a new deal ahead of the season.

There are serious doubts over whether Barcelona can afford to sign one of City's most influential players. In June, their economic vice-president Eduard Romeu revealed the club had debts of £1.16billion.

Silva has considered leaving City on several occasions in the past in order to be closer to his family in Portugal. For that reason, a move to Barcelona would have been preferable to PSG.

However, The Times say that Silva is leaning towards extending his six-year stay with City, who offered him a contract extension earlier this year.

Silva has only signed one contract extension since he signed from Monaco for £43million in 2017. That was when he penned a six-year deal in March 2019.

The playmaker scored seven goals and contributed eight assists in 55 appearances as City won a Treble of Premier League, FA Cup and Champions League last season.

Overall, Silva has scored 55 goals and contributed 59 assists in 307 matches for the club.

He remains important to Pep Guardiola's plans and is a popular member of the dressing room.

Silva completed the full 90 minutes - then converted a penalty in the shoot-out - as City lost to Arsenal in the FA Community Shield at Wembley.

Guardiola's side begin their bid for a fourth consecutive Premier League title when they travel to newly-promoted Burnley on Friday night.