The 18-year-old winger has 18 months to run on his current contract, worth £2,000 a week plus appearance bonuses.
The Independent claim...
Liverpool have been preparing terms in the region of £20,000 a week. Sterling’s camp, however, have made it clear they would reject such an offer and consider their options. They believe he deserves closer to £50,000 a week.
It is still early days in negotiations, but I'm sure the club will do everything they can to secure a new deal.