More or less... well the first bit anyway.
I'd have a little more sympathy if it weren't exactly the same tactic as with Berahino, for me that tips it more towards "agent is a prick" than "evil club tries to destroy young man's career". Ultimately if Sterling was unhappy about how this has panned out he'd have got rid of his agent and everything would be hunky dory, so I think it's fair to say the agent is doing what Sterling wants, if not necessarily in this manner.
As it is he's turned down £70k and £100k and (the totally, definitely untrue quotes) that he won't accept anything mean he's as good as gone this window. In the summer of 2014 he still had 3 years left on his contract so it's not as if we were playing it close to the wire. The Times are reporting we've already rejected a bid from City, so expect that one to run all summer. Yay!
Also, it's bin dippers or redshite. Red dippers just sounds.