Cape Town - Manchester City are reportedly ready to launch a third and final bid to sign Liverpool's England international Raheem Sterling.
City are ready to meet the Reds valuation of Sterling, according to the Daily Star.
Manchester City chairman Khaldoon Al-Mubarak has reportedly given the green light to offer Liverpool £45 million in cash - plus £5 million in add-ons for Sterling's signature.
Sterling return to training at Liverpool's Melwood base yesterday but is now tipped to seal a transfer to Premier League rivals Manchester City before the season starts on August 8.
The Citizens leave for their pre-season tour on Thursday but expect a deal for Sterling to be completed shortly which will see the starlet link up with his new teammates halfway through their pre-season preparations.
Sterling's refusal to pen a new long-term £100,000-a-week deal at Anfield has forced the Merseyside giants to cash in on the England international and have held firm on their £50 million valuation - which City will now match.
Should the offer be accepted, Sterling would become the most expensive English signing to date with City officials confident that agreeing personal terms will be a formality.
Liverpool brought Sterling to Anfield for just £600 000 in 2010 when they lured him from the Queens Park Rangers’ academy and the pacey winger has gone on to become a regular feature for both club and country in recent seasons.