Dickenson suggested Los Blancos are "preparing" to offer Liverpool £26 million for their talented 20-year-old, who continues to provide Brendan Rodgers' side with their main spark.
Sterling is said to have recently turned down a second contract offer, per Dean Jones of The Sunday People (h/t Mirror). Gerard Meagher of The Guardian believes Sterling is "stalling," jokingly suggesting Liverpool's initial £70,000 per week offer "caused offence."
It's not overplaying Sterling's quality to suggest Liverpool have relied on him this season. He has scored four goals and contributed six assists in 28 appearances across all competitions, per WhoScored.com. The Englishman is a prominent creative threat, as highlighted by Sky Sports prior to Liverpool's 0-0 FA Cup draw with Bolton Wanderers on Saturday:
Rodgers believes the improving starlet, who has featured out wide and in a central forward role this campaign, will ink his new contract soon, reported by Dickenson:
It is something the club are speaking with his representatives on and I would think that would be concluded very imminently. The player is very happy. It (the delay) is nothing to do with Raheem, he wants to be here so hopefully we get the solution on that very soon.
Sterling's wonderful solo goal during the recent 1-1 Capital One Cup semi-final first leg draw with Chelsea acted as a snapshot of his talent. His speed on the turn and willingness to commit defenders left Jose Mourinho's defence in tatters. Sterling's performances can be expected to improve when Daniel Sturridge returns from injury, such is his importance to Liverpool's goal threat.
While Sterling would currently struggle for playing time at the Bernabeu, he flaunts all the attributes needed to become a Real Madrid favourite. He possesses electric pace, is always looking to attack and has shown himself to be tactically smart under Rodgers' tutelage.
The former Queens Park Rangers starlet is also a hard-worker who is willing to put his body between the opposition and ball to aid Liverpool's defensive efforts.
Madrid boss Carlo Ancelotti enjoyed Sterling's performance when his side beat the Reds at Anfield in October, telling Los Blancos' website: "I really liked Sterling's play between the lines and he impressed me."
In November, B/R UK's Janusz Michallik and Ryan Bailey discussed whether Sterling should leave if Liverpool fail to make the Champions League.
Rodgers' side are currently five points off such a target. Sterling could end such speculation by putting pen to paper but rumours will continue to suggest he may be the subject of Florentino Perez's annual spending spree until this moment.
Madrid have focused on bringing in young talent recently—highlighted by the arrival of Martin Odegaard and Lucas Silva—so Sterling would fit into the increasing emphasis on youth.
It will be interesting to see how this one plays out across the coming weeks. Sterling has the potential to be a world-class forward and is developing rapidly. However, his growth as a player would likely stall if he was forced to warm the Bernabeu bench.