Raheem Sterling signs five-year deal at Manchester City and will wear number 7
Raheem Sterling has completed his £49 million move to Manchester City from Liverpool.
Sterling completed his medical this afternoon, and with personal terms a formality he has become a key addition to Manuel Pellegrini’s squad.
Liverpool agreed a fee with City on Sunday, enabling negotiations to formally begin with the 20-year-old and his new club.
Manager Manuel Pellegrini said: “Raheem Sterling is one of the best attacking players in world football, and I am very much looking forward to him joining our squad out in Australia later this week.
“He is a young player with outstanding ability, and I am sure the Manchester City fans will be very excited about seeing him in action for the team."
He is now able to join City’s summer tour of Australia, becoming the most valuable English player in history, and also one of the most expensive players in football.
For City, it is a prized capture delivering another major statement of intent as they seek to regain the Premier League title. City are sure to go head-to-head with Chelsea again over the next nine months, and they will hope Sterling will develop into the major talent everyone anticipates over the next few years.
Sterling will back himself to make a mark on the Champions League and prove he is worth every penny invested.
Liverpool will reap the rewards of an eye-popping cheque amounting to an immediate £44 million, with a further £5 million in additional fees as Sterling’s career progresses. However, a significant portion of this, believed to be 20 per cent, is heading to QPR who sold the youngster to Liverpool four years ago.
The Londoners had the foresight to add a sell-on clause in the deal.
Liverpool, who this afternoon began their pre-season tour with a 4-0 win in Bangkok, are still trying to negotiate a deal for Villa striker Christian Benteke but must pay his clause of £32.5 million to lure the Belgian to Anfield.
News of Sterling's departure from Anfield was also confirmed by Liverpool in an announcement on their official website, www.liverpoolfc.com.
It said: "Liverpool Football Club can confirm Raheem Sterling has completed a transfer to Manchester City. The 20-year-old departs Anfield after 129 appearances and 23 goals for the Reds.
"Liverpool FC wishes Raheem well."
Raheem Sterling contract timeline
Early January - Sterling offered a new contract worth £100,000-a-week and suggestion is deal will be done within a month.
January 22 - On the contract negotiations manager Brendan Rodgers says: ''I would think that would be concluded very imminently. The player is very happy.''
January 29 - One week later Rodgers adds: '''I'm sure it will be sorted and organised very soon. He sees his long-term future here. He is very happy with his progress and how he is developing.''
February 9 - The tone from the club changes as Rodgers reveals Sterling has been offered an ''incredible deal'' but adds: ''It is not a case of giving any player - I'm not talking about Raheem here I'm talking in general - what they want.''
March 20 - Rodgers announces Sterling and agent Aidy Ward have requested a halt is put on contract negotiations until the end of the season.
April 1 - Sterling gives a lengthy television interview - not authorised by the club - in which he claims, among other things, he is not a ''money-grabbing 20-year-old''.
May 18 - Reports emerge suggesting Sterling is to tell Liverpool he will not sign a new contract.
May 19 - Sterling's agent plays down contract stories, suggesting the significance of the meeting they requested with Liverpool has been ''blown somewhat out of proportion''.
May 21 - Liverpool cancel contract talks after Ward is quoted in the London Evening Standard as saying Sterling will "definitely not" sign a new Liverpool deal even if they were offering him £900,000 a week.
May 24 - Sterling heckled by Liverpool fans over contract dispute when he was an unused substitute as the Reds' 2014-15 campaign ended in a dismal 6-1 defeat at Stoke.
June 9 - Steven Gerrard, speaking at the launch of BT Sport's Champions League coverage, warns Sterling of the risks of forcing a move from Anfield, saying: "I think the frustrating thing for me would be if he went to a club and became a squad player and just another number and he didn't have that chance to progress. That's the risk.''
June 11 - Liverpool reject £25million bid from Manchester City.
June 17 - Liverpool reject an increased second offer of £40million from Manchester City.
June 18 - Footage posted on The Sun's website shows Sterling apparently inhaling laughing gas for a second time while on holiday in Ibiza.
July 8 - Sterling fails to report for Liverpool training, citing illness.
July 10 - Sterling resumes training but is reported to have asked Rodgers if he can be allowed to miss the club's pre-season tour of Asia and Australia.
July 12 - Liverpool accept a third offer of £49million from Manchester City on the same day the Reds squad head out on tour without Sterling.
July 14 - Manchester City announce the record signing of Sterling from Liverpool on a five-year contract.