Raheem Sterling has verbally agreed a new five-year contract with Manchester City that could be worth £300,000 per week, sources close to the player have told Goal .
Sterling and City have been in talks for over 12 months but a conclusion is now in sight after both parties reached an agreement over the basic wage and the exact structure of the bonuses which will significantly boost his earnings.
The 23-year-old had communicated his desire to stay at City to club representatives earlier this season, but work was still required to find common ground over his value to the Premier League champions.