Raheem Sterling has reportedly agreed a new five-year contract with Liverpool, putting an end to speculation surrounding his future.

The 18-year-old has become a vital part of Brendan Rodgers’ Premier League squad this season, but there were lingering doubts surrounding his commitment to the club after negotiations regarding a new deal stalled.

It had been reported that the winger was holding out for a deal in the region of £50,000-per-week, although he distanced himself from such speculation on Twitter.

Sterling’s new contract, which is likely to be announced within the next 48hrs, will see him receive a significant hike on his estimated £2,000 weekly wage. Although an exact figure is unknown, it’s reported by BBC Sport that he will net £30,000-per-week.

The likes of Manchester United, Manchester City and Arsenal were all believed to be interested in the teenager, who had only 18 months remaining on his previous deal, but are likely to halt their respective pursuits.

Sterling is regarded as one of the finest talents in English football and has eased seamlessly into Liverpool’s first-team plans this season.

He made his official debut under Kenny Dalglish against Wigan last season, immediately attracting the attention of the club’s fans.

This term he has forced himself into the first XI, working well alongside senior professionals such as Luis Suarez and Steven Gerrard.

The ex-QPR youth player’s performances have not gone unnoticed, with England manager Roy Hodgson handing him his senior debut against Sweden last month.