QPR set to make £9m as Manchester City agree £49m deal with Liverpool for Raheem Sterling

Joe Hall
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Sterling is the fifth most expensive player in Premier League history (Source: Getty)

Queens Park Rangers are set to pocket almost £9m as a result of Raheem Sterling's mega-money switch from Liverpool to Manchester City.

Read more: Sterling named most valuable young player in Europe

City and Liverpool have agreed a £49m deal for the young forward with £44m paid upfront and a further £5m based on appearances.

Sterling has been given permission to negotiate personal terms with City, but such is the 20-year-old's keenness to leave Anfield that the deal is expected to be completed within 24 hours.

Never before has so much money been spent by a Premier League club on a player under 21 years of age.

The transfer is the fifth-biggest in Premier League history however Liverpool with have to share some of the fee with QPR - Sterling's first club - due to a clause written into the £500,000 deal that brought him to Merseyside in 2010.

Liverpool agreed to a 20 per cent sell-on clause if Sterling moved to another club in England - and 25 per cent if he was sold abroad - according to chairman at the time Gianni Paladini.

That means QPR are due to make £8.8m from the deal - 20 per cent of the initial £44m fee.

The financial windfall comes at the ideal time for recently relegated QPR, who are facing the prospect of a possible £58m fine from the Football League for breach of financial fair play laws and are fighting to hold onto star striker Charlie Austin.

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