Raheem Sterling Reuters / Lee Smith / File Photographed Action Image of England during pre-match warm-up

Chelsea have reached an agreement with Premier League champion Manchester City for up to £ 50 million ($ 60 million) with England’s forward Raheem Sterling, British media reported Saturday.

Sterling is reportedly set to sign the contract with an additional year option until 2027.

He will be Chelsea’s first major signature under new ownership, led by Todd Boehly and Clearlake Capital.

27-year-old Sterling played 47 games in all of City’s tournaments last season, providing 17 goals and 9 assists.

After starting his senior career in Liverpool, Sterling moved to the city in July 2015, establishing himself as a regular at the forefront and winning 131 nets in 337 games on the side of Pep Guardiola.

He won four league titles and four League Cups each, and one FA Cup during his time at Etihad Stadium.

However, Sterling fell short of last season’s pecking order and played a limited role in the City’s league title and Champions League semi-finals, and Guardiola often preferred Phil Foden or Jack Grealish on the left.

He didn’t make a lineup for either leg that lost to Real Madrid in the Champions League semi-finals last season, starting only six of the last 11 games in the league.

England’s 77th cap, Sterling adds long-awaited firepower to Chelsea’s attack following last season’s pre-goal fight and Romelu Lukaku’s departure to Inter Milan.
Thomas Tuchel’s team finished third last season, 19 points ahead of champion City. They will start a new season on August 6th with a trip to Everton. ($ 1 = £ 0.8315) (reported by Dhruv Munjal in Bangalore)

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