Sterling has formed into one of England's most energizing players since joining City from Liverpool in 2015.
The 23-year-old, whose current terms were set to terminate in 2020, will purportedly win around £300,000 ($389,000) every week once he formally signs the enhanced contract, which would as of now make him the most generously compensated English footballer.
Sterling assumed a key job in City's record-breaking title triumph last term and this season has gotten four objectives in eight Premier League appearances in all rivalries.
His future at the club has been an interesting issue since the beginning of the season.
Mentor Pep Guardiola, who has figured out how to get the best out of Sterling amid his time at the Etihad Stadium, said before August's Community Shield coordinate against Chelsea that there was "no uncertainty" City needed him to remain.
Guardiola left the circumstance in the hands of Sterling's delegate and City's executive of football Txiki Begiristain and it shows up the extended transactions have now been fruitful.
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