Report: Chelsea to bid £48m for Liverpool's Raheem Sterling

Chelsea are poised to make a £48m bid for Liverpool winger Raheem Sterling, according to a report.

The 19-year-old is said to be negotiating a new deal with the Anfield side, but it is believed that the two parties are some distance away from agreeing terms.

As a result, the Daily Express claims that Jose Mourinho is looking to launch an ambitious bid for the England man, who is allegedly open to a move away from Merseyside.

Real Madrid and Paris St-Germain are also said to be monitoring the situation.