Done deal: Manchester City reach agreement with Premier League club for £47.5 million player

Raheem Sterling Manchester City
Photo: Getty images

Manchester City have reached an agreement with Premier League rivals Chelsea to sell Raheem Sterling for £47.5 million, according to The Athletic.

Sterling, 27, has already agreed personal terms on a five-year contract with the option of a further 12 months with Chelsea.

Sterling joined Manchester City from Liverpool for an initial £44 million in July 2015. During his time at the Etihad Stadium, he won four Premier League titles, one FA Cup and three League Cups.

The England international made 339 appearances for Manchester City in his seven years at the Etihad Stadium, scoring 131 goals.

Sterling is now set to have his Chelsea medical in London before joining his new team-mates on their pre-season tour to the United States.

Meanwhile, Manchester City and Liverpool will kickoff the new season at the end of the month in the FA Community Shield. 

Man City won the Premier League title last season while Liverpool won the FA Cup.

The annual season curtain-raiser, which sees the winners of the Premier League face the winners of the FA Cup, will take place on Saturday 30th July.

The FA have announced Craig Pawson will referee the Community Shield clash between Liverpool and Man City at the end of the month.