Chelsea are reportedly the latest club to consider launching a bid for Liverpool star Raheem Sterling.

The 20-year-old has been tipped to leave Anfield this summer after rejecting a new contract offer worth £100,000 per week.

Manchester City are believed to have had a £30m bid rejected by the Reds, who reportedly value the England international at £50m.

Now, according to Sky Sports News, Premier League champions Chelsea are monitoring Sterling's situation, but have refused to meet Liverpool's asking price.

The young attacker, who has previously been linked to Arsenal, has two years left on his current deal.