Chelsea baulk at Liverpool's £50m Raheem Sterling valuation

Raheem Sterling: Wanted by Chelsea but not for £50m

Chelsea are interested in signing Raheem Sterling but are not prepared to meet Liverpool's £50m valuation for the player, Sky sources understand.

The Premier League champions will continue to monitor the situation though, with the England winger refusing to sign a contract extension at Anfield.

That has alerted a number of clubs to Sterling’s possible availability over the summer, with Manchester City already understood to have had a £25m-plus bid rejected.