According to reports Manchester City have submitted an improved £40 million offer for Liverpool winger Raheem Sterling. This comes after City had a bid in the region of £25 million rejected last week.
However this latest offer is still £10 million short of Liverpool's £50 million valuation of the player. However with Chelsea seemingly pulling out of the race to sign the Englishman it is questionable whether the Anfield club is going to receive a significantly better offer than the one City have tabled.
IS STERLING WORTH £50 MILLION?
In short, no. Liverpool's £50 million valuation of Sterling, is ludicrously high. The youngster is far from the finished article and hasn't performed consistently enough in the Premier League to demand such a fee. Sterling may have a lot of potential but his current situation means Liverpool will surely have to let him go for a lower figure. After all this is a player who has refused a new contract, publicly expressed his desire to leave and who the fans have grown increasingly frustrated with. All of this makes Liverpool's valuation of the player staggering.
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Perhaps Liverpool have slapped such a high price tag on the player in the hope that there is a club out there that will be willing to pay over the odds for the player.
This is entirely possible in today's market. Sterling is overpriced and arguably overrated mainly because he is English, if he was of any other nationality then I doubt the media would focus on him as much and Liverpool would not be demanding such a large transfer fee. With Manchester City looking to increase the English contingent in their squad after the departures of James Milner and Frank Lampard it wouldn't be a surprise if they eventually meet Liverpool's valuation.
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SURELY £40 MILLION IS ENOUGH?
At £40 million a strong argument can be made for saying Liverpool have already been offered more than Sterling is actually worth. When you consider the winger's current situation then the offer City have made is quite generous. City is a club that could quite easily up their offer further, but Liverpool should be careful not to get too greedy.
We are talking about a player who only managed seven goals from midfield last season, hardly spectacular. In the final 12 league games of the season he managed just a single goal as his performance levels dropped considerably. Sterling still has a long way to go before he can be classed as a top player. It's true that the 2013/14 season was a good one for him though the likes of Daniel Sturridge and Luis Suarez undoubtedly helped him a lot.
The truth is that Sterling has yet to establish himself as a consistent performer in the Premier League. This fact makes Man City's £40 million offer one that Liverpool would be foolish to turn down. The player wants to go, they've received a good offer now logic should dictate that they let him go.
THE MONEY COULD GO A LONG WAY
It's clear that if Liverpool want to challenge for the top four next season then investment is going to be necessary. The squad is obviously weak in some key areas and until these problems are addressed the team is going to struggle. This is another reason why it would be beneficial to sell Sterling, the money could then be reinvested in players who actually want to play for the club.
What the team is crying out for is a reliable goal scorer. Balotelli, Lambert and Borini certainly don't fit the bill so a new front man needs to be brought in quickly. If Liverpool can accrue £40 million from Sterling then this money could be put towards the striker the club needs. With the lack of Champions League football next season Liverpool will find themselves having to pay over the odds for the forward they need but the sale of Sterling would ease the burden.