Transfer News: £30 Million Man City Bid For Raheem Sterling Snubbed By Liverpool

Liverpool have reportedly snubbed an offer that could amount to £30 million from domestic rivals Manchester City, a source claims.

The Reds hierarchy believes that their prized possession is worth more than £50 million, after the latter was able to prove that he is no one-hit wonder, replicating almost the same numbers that he had during 2013-14 campaign but being the team's focal point on offense this time.

Sterling still has two years left in his contract, tying him at Anfield until 2017. However, his refusal to pen an improved wage offer from his modest £30,000-a-week to £100,000-a-week could mean that he is ready to move on to the next chapter of his career, as he enters his sixth year at Anfield.

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It has also been rumoured that his agent, Aidy Ward, said that even a proposal of as much as £900,000-a-week will not be entertained, as the England international's primordial consideration in determining his future is the chance of winning silverwares and playing in Europe's top-tier, which seems hazy at this point in time, or anytime in the near future, for Liverpool.

The 2014 Golden Boy awardee already has 15 senior caps under his belt and made the final cut in Roy Hodgson's Three Lions roster in the 2014 World Cup. He has been praised for possessing fantastic technical skills, pace, and physical attributes, but his ability to remain consistent all throughout a season at a high level had been questioned. There was a period in 2014-15 wherein he appeared to have burnt himself out after playing full-length games day-in and day-out.

Nevertheless, his promise apparently outweighs all the negatives since other giant clubs like Real Madrid and Manchester United have also shown interests.

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To contact the author of this article, email m.eubank@ibtimes.com.au.