The saga surrounding the talented 20-year-old continues, but he is likely to command a sizeable fee if Liverpool get their way.
The saga has already dragged on for far too long. But if reports from the likes of the Manchester Evening News are to be believed, the future of Raheem Sterling is edging closer to becoming clearer, with Manchester City making a bid for the 20-year-old Liverpool winger. While all this goes on in the background there is an appetite for the Reds to spend some serious money in order to rebuild on last season's very disappointing campaign.
After last summer where the Reds spent over £100 million on as many as nine new players, there is a feeling there isn't room for another transfer window with a lot of expensive outlays that don't work out.
The future of Sterling is well documented, with two years left on his contract and the England international refusing to sign a new deal. The Reds seem to value him at around £50 million while Brendan Rodgers has publicly stated he expects him to see out the remaining two years on his deal at Anfield.
If Fenway Sports Group are reluctant to part with that much cash this summer, then the chances of any real kind of rebuilding may have to come from the sale of the disillusioned 20-year-old.
The signings so far have been done relatively cheaply. All three of James Milner, Danny Ings and Adam Bogdan have agreed to join following the end of their contracts elsewhere - though there is a compensation fee for Ings. But it's fair to say the signings have been done with relatively little cost.
There have been suggestions Liverpool have been open to the idea of spending upwards of £20 million on a couple of players - a midfielder and possibly a striker, but without sales that would take a lot of backing for Brendan Rodgers.
No-one should underestimate the scale of the task that is in front of Liverpool. The experience and presence of Steven Gerrard is irreplaceable and the need for a reliable striker who can score at least 15-20 goals and more per season is clear given they scored 50 fewer goals during the most recent season than the year before.
There is the issue of whether Liverpool will spend the money wisely after last summer's dealings if they do receive a big fee for Sterling, but despite being unhappy about the alleged antics of his agent in the media and the perception the player has, this whole saga could prove to be a blessing in disguise if things are handled well afterwards.