By Manchester correspondent Alex Stevens

Raheem Sterling is set to join Manchester City next week in a £49 million deal, Football Insider sources understand.

The England star will finally bring an end to his increasingly acrimonious relationship with the Merseysiders by signing for Manuel Pellegrini’s team.

City lodged a third bid of an initial £45million plus £4million of add-ons on Saturday to pave the way for his Anfield exit.

The offer has been accepted by Liverpool’s American owners Fenway Sports Group even though they had been holding out for a cash fee of £50million.

It comes after Sterling missed two days of pre-season training last week through illness.

Liverpool are due to depart for their pre-season tour of the Far East and Australia later on Sunday although Sterling is unlikely to be on the flight if senior club officials give the all-clear for him to move to Etihad Stadium.

Football Insider revealed last month that Sterling had already agreed the terms of a City contract, with the 20-year-old set to sign a five-year deal worth around £150,000-a-week.

City made two initial offers in consecutive weeks in June, the first worth £30million and the second worth £40 million, before returning to the negotiating table on Saturday with a third bid.

There is a growing confidence from all parties that the transfer will now be completed next week.

Liverpool have already signed Sterling’s replacement after Brazilian attacking midfielder Roberto Firmono joined for £29million from Hoffenheim.