Raheem Sterling. Getty Images

Premier League champions Manchester City are set to Raheem Sterling the league’s highest-paid player to fend off transfer interest from Real Madrid.

The Citizens are preparing a mammoth £450,000-a-week deal for the England International, who is quickly cementing his reputation as one of the world’s best following another sensational start to the season.

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Pep Guardiola and the club are keen to reward him with a lucrative extension to his current contract, which expires in the summer of 2023.

Sterling last signed a contract in November 2018 to take his wages up to around £280k-a-week, but he has already confirmed his ambition to play abroad.

And according to The Sunday Express, City are set to react by giving an improved contract to ensure his best years are played at the Etihad.

Should Sterling sign the £450k-a-week contract, it would far eclipse Kevin de Bruyne’s £350k-a-week deal that is currently the highest at the club.

The former Liverpool star revealed this summer that he believes he is at City “for the long haul” but has hopes of playing abroad one day.

He said in the British GQ August issue: “Looking at it now it’s like, Manchester, I love it. I love it here. This is one of the best clubs in the world and I’m here for the long haul.”