Liverpool have agreed to the transfer of Raheem Sterling to Manchester City for a fee that could be worth up to £49m.
Various media outlets are reporting that Liverpool have finally relented to Manchester City’s pursuit of the gifted winger, but only after a drawn out negotiation period that will leave the Reds happy enough with how close they got to their £50m valuation.
The deal agreed is thought to be for £44m up front with a further £5m due in performance related add-ons - subject to a medical and contract terms.
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Sterling, 20, has made it clear all summer long that he wants to leave Anfield and it was revealed today that he had not travelled with the Liverpool squad on their preseason tour after missing two days training earlier in the week through illness.
Manchester City had two previous offers knocked back by Liverpool but it now seems like the two clubs have reached a compromise.
That would end one of the most acrimonious transfer sagas in recent Premier League history - certainly one to rival Samir Nasri's departure to Manchester City and further back, Sol Campbell’s switch from Tottenham Hotspur to Arsenal.
Sterling, once a fan favourite on the Anfield terraces, was being booed by the end of the season after he arranged an interview with BBC Sport to explain his reasons for rejecting a Liverpool contract extension reportedly worth around £100,000-a-week.
Sterling was then booed on England duty after the season and it seemed like all bridges had been burned between player and club.
Earlier in the year several clubs were linked with the England international, but in the end only Manchester City were willing to follow up their interest with concrete offers.
This transfer battle had looked set to run and run so it does come as some surprise that Sterling, Liverpool and Manchester City have all managed to reach agreement before preseason properly gets underway.
What do you think Liverpool fans - a good deal for the club?
And Manchester City fans - are you happy with the arrival?