London: Chelsea has reached a deal with Premier League champion Manchester City to sign England forward Raheem Sterling for up to 50 million pounds ($60 million), British media reported on Saturday.
Sterling is set to sign a contract until 2027 with the option of an extra year, according to the reports.
He will become Chelsea's first major signing under the new ownership led by Todd Boehly and Clearlake Capital.
The 27-year-old Sterling played 47 games in all competitions for City last season, scoring 17 times and providing nine assists.
After starting his senior career with Liverpool, Sterling moved to City in July 2015 and established himself as a regular in its frontline, netting 131 times in 337 games for Pep Guardiola's side.
He has won the league title and League Cup four times each as well as one FA Cup during his time at the Etihad Stadium.
Also watch: