Arsenal give up on Raheem Sterling chase

Arsenal will not make a summer move for Liverpool star Raheem Sterling, according to a report.

The Gunners have been recently linked with a move for the England international, who is keen on a fresh challenge away from Merseyside, having seen his side fail to attain Champions League football for next season.

According to Evening Standard, the Gunners have opted against an offer for the talented winger, as the Reds' asking price of £50m is way beyond their estimate.

Manchester City recently had a £25m bid rebuffed for the Jamaican-born forward.