Apparently Liverpool rejected the bid, and are reluctant to enter the negotiation table unless the monetary offer is hiked up to £50m.
Manchester City have been linked with the young sensation for a few months now and it looks as if the bid rejection is not going to dissuade them and they will continue their relentless pursuit for Sterling. A genuine interest from the City officials with a lucrative offer might be well enough for the 20 year old to get lured to the Ethiad stadium since he has already casted off from signing a new contract at Anfield.
Liverpool have already announced that Raheem is not for sale but they might accept a money spinning bid for him because Brendan Rodgers has already signed Danny Ings and James Milner from the £30m allotted to him and is desperate to get his hands on Aston Villa starlet Christian Benteke. So in order to see the Villa striker in the famous red jersey of Liverpool, they might have to sell the English man.