Manchester City are furious missing out on new Liverpool signing Raheem Sterling.

The Mirror says Liverpool are paying QPR a guaranteed £500,000 with further installments based on the time Sterling spends with them - and his eventual breakthrough to the first team.

The deal is potentially the biggest for a player of his age and was decided without going to a tribunal. Sterling told Rangers he wanted to leave and would not sign any long contract with them.

Sterling's decision left both Manchester cubs, Arsenal and Fulham upset. All of them had tried to do a deal but found it hard to agree fees and terms with all of the parties involved.

City are fuming at the result. Their offer of £1 million was higher than any rival bidder but the youngster fancied Liverpool instead.