This is according to Spanish newspaper AS - and brought to our attention by talkSPORT - who understand Liverpool are now actively looking for potential Sterling replacements, fearing the England international will leave Anfield this summer.
Cheryshev, 24, has been with Real Madrid since the age of 12 but has yet to make a competitive appearance for the club’s first team. However, the Russia international has managed to showcase his various qualities during his loan spell with Villarreal this season.
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The winger scored four goals in 26 La Liga appearances for the Yellow Submarine, one of which came against the recently-crowned champions Barcelona at the Camp Nou in February.
But despite his eye-catching performances, Cheryshev is not expected to be part of Rafael Benitez’s plans for the 2015-16 campaign. The Spanish coach has a wealth of attacking options at his disposal.
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Cheryshev and Sterling are very different
In truth there aren’t too many similarities between Sterling and Cheryshev, but they both play on the flanks and can double up as makeshift centre-forwards if required.
While Sterling has made his name with scintillating performances on the right wing, Cheryshev has played the majority of his matches with Villarreal from the opposite flank.
But Rodgers will no doubt have been impressed with Cheryshev’s superior work ethic.
That Sterling has recorded double figures - in all competitions - for goals in each of Liverpool’s previous two seasons and Cheryshev’s best is a tally of seven might be a concern for Rodgers, who has been told by Liverpool’s owners that things must improve next term.
Sterling has scored 21 goals in the past two seasons and is four years younger than Cheryshev.
There’s a reason why Cheryshev’s price tag is around the £14 million-mark, while Liverpool stand to receive as much as £50 million for Sterling if they reluctantly agree to sell the England star this summer.
Sterling will not be joining Real Madrid
Real Madrid have been strongly linked with Sterling in recent weeks, but Spanish football expert Guillem Balague - who has close links with both Los Blancos and Liverpool - insisted this week that the reigning European champions have no interested in signing the young winger.
"Real Madrid have got no interest whatsoever in Sterling,” he revealed. “I imagine Sterling/agent might be interested in Real Madrid though.”
If Sterling does leave Liverpool, it’s likely that his next employers will be either Chelsea, Arsenal or Manchester City.
Liverpool fans: would you be happy if Denis Cheryshev replaced Raheem Sterling this summer? Tell us by leaving a comment in the box below!