Liverpool are said to be readying themselves for the third bid from Premier League rivals Manchester City, according to the Liverpool Echo.
The Reds have heard nothing from last season’s runners up since their improved £40m bid was turned down last week, though City aren’t thought to have given up, and are likely to return again in the coming days.
However, Liverpool still aren’t keen on cashing in on Sterling, who is still under contract at the club until 2017.
But with him still keen to move on, the Reds are believed to be willing to do business if City meet their £50m asking price.
The Liverpool hierarchy are certain that if Sterling does want to leave, they will be able to sell him on on their own terms, and use the money wisely to reinvest into other areas of the playing squad.
Liverpool will still have to pass on 20% of whatever fee they earn on to QPR, though, as per the agreement between the sides.
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