Goal reported on Sunday that City were successful with their third offer for the winger, with a bid of £49 million (€68.3m) set to bring an end to a long-running transfer saga.
The England international had threatened to go on strike before twice calling in sick to training in a bid to force a move away from the club, with Sterling's agent, Aidy Ward, claiming there had been a "breakdown in trust" between player and manager.
"The situation is very simple," he told reporters at a press conference in Bangkok. "The club has agreed a deal with another club for Raheem subject to a medical that'll go through.
"Raheem and I have always remained very strong in our relationship and that remained the case when we left. There is no issue there."
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