07/14/2015 12:47 EDT | Updated 07/14/2016 01:12 EDT

Sterling becomes most expensive English player by joining Man City for $76M from Liverpool

MANCHESTER, England — Raheem Sterling has completed his move to Manchester City from Liverpool, making the winger the most expensive English player ever.

The signing of the 20-year-old Sterling will cost City 49 million pounds ($76 million).

Sterling has a signed a five-year contract at City, which is now clear of UEFA Financial Fair Play restrictions.

City manager Manuel Pellegrini says "Sterling is one of the best attacking players in world football."

The Associated Press