Manchester City had failed with two previous bids for the English international, the second reportedly worth £40 million with Liverpool standing by their strong valuation of the player who has been at loggerheads with the Anfield giants since turning down a new contract with the Club.
Sterling would leave the club in a rather bitter departure as he has had an impasse with the Reds since February, when manager Brendan Rodgers claimed he had been offered "an incredible deal".
Two months later Sterling angered the club by confirming, in an unsanctioned interview with the BBC, that he had turned the contract down.
The impasse deepened when Sterling's agent, Aidy Ward, claimed the player would not sign even for "£900,000 a week".
He became embroiled in fresh controversy after photographs emerged of him appearing to puff on a shisha pipe, and then allegedly inhaling laughing gas.
Sterling missed the start of pre-season training earlier this week, citing illness as he sat out Wednesday and Thursday's sessions before returning on Friday.
With this deal though Sterling is set so set the records straight and write his name in the history books as;
- He'll become the most expensive U-21 player in History
- He'll become the 13th most expensive footballer in history.
- He'll become the most expensive English player in history.
- He'll become the second most expensive British player in history (Bale being the most expensive)
- He'll become Manchester City's record signing
- He'll become Liverpool's third highest sale(behind Suarez and Torres)
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