The England international has been linked with a controversial move to the north Londoners in recent weeks amid growing uncertainty surrounding his Anfield future.
According to Sky Sports, 20-year-old Liverpool forward Sterling won’t be entering into negotiations with the Reds over a new contract until the end of the season.
Reacting to reports that Sterling has already rejected a £180,000-a-week deal, former Liverpool midfielder Thompson suggested that the Merseyside club should demand a huge fee if the winger is set to leave.
Thompson wrote on Twitter: “If reports are true and Raheem has turned down 180k a week at Lfc then Lfc have every right to value him at 70/80 million now.
“In my opinion if you price yourself out of a contract the club have every right to command an acceptable fee to reflect that!”
Sterling has become an integral part of the Liverpool side over the past 18 months after breaking into the Red side under Brendan Rodgers.
The England forward has scored six goals and has made seven assists in 27 Premier League appearances so far this season.
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