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

Image: 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.

Real Madrid, Arsenal and Manchester United have also been linked with the 20-year-old, who has two years left to run on his current deal, although Sky sources understand no bids have come in for Sterling from any other clubs.

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Roy Hodgson is calling on Raheem Sterling to get a thicker skin as he tries to deal with criticism he's received since his contract dispute with Liverpool

Sterling has scored 23 goals in 129 appearances for the Reds after joining from QPR for £600,000 in May 2010.

But he was booed by some sections of the England supporters at the recent friendly with Republic of Ireland in Dublin as questions remain over his future on Merseyside.

Watch Sky Sports News HQ for all the latest transfer news or keep track of the speculation and done deals with the Sky Sports Transfer Centre.

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