The Liverpool teenager’s future has been a source of debate in recent weeks amid reported interest from Champions League holders Real Madrid and Ligue 1 champions Paris Saint-Germain.
It’s a tricky one for the club because you need to get him tied down to a new deal and he deserves to be rewarded for the progress he has made over the past 18 months
Sterling has emerged as a key part of Brendan Rodgers’s side over the past 12 months, scoring nine goals in 33 Premier League appearances last season.
The 19-year-old’s importance has only been heightened by the £75m departure of Luis Suarez to Barcelona in the summer transfer window.
While Aldridge believes Sterling does merit a new contract to reward his performances, the former Reds striker wants the club to keep the forward motivated.
“At his age he shouldn’t be thinking about new contracts and money,” Aldridge wrote in his Liverpool Echo column. “He should be concentrating on playing football and enjoying it.
“It’s a tricky one for the club because you need to get him tied down to a new deal and he deserves to be rewarded for the progress he has made over the past 18 months.
“However, you can’t be giving out £100,000 per week to a teenager. You have to find a way to ensure you keep the fire in his belly.
“It makes sense to come up with a contract which is heavily incentivised so that you keep that motivation.
“The sooner that contract gets signed the better.”
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