The Mirror reports that Liverpool is preparing a new £100,000-per-week contract with a £60 million buyout clause for Raheem Sterling, which the club hopes will stave off interest from Real Madrid.

Real Madrid has been interested in Sterling since at least the World Cup.

Sterling still has three more years remaining on his current deal, but Liverpool’s new deal will see an additional two years added with a  £70,000-a-week pay raise from his current  £30,000-a-week salary.