The 30-year-old currently finds himself out of the first team picture at Chelsea.

Enzo Maresca has forced the former Manchester City and Liverpool star to train with the club's youths away from his fellow teammates, with the attacker deemed surplus to requirements.

Sterling has two more years remaining on his long-term contract at Stamford Bridge, which is believed to be worth in excess of £300,000 per-week.

So, if Sterling were to move from Chelsea in a bid to get regular football once more, he would have to cut his losses.

Celtic have been linked with the one-time England international given Brendan Rodgers worked with him at Anfield.

And McCoist could see it working, if the player is willing to take a financial hit.

He told football betting site: "You'd have to say his parent club would still shoulder the vast majority of his wages because there's absolutely no way that Celtic could compete or would want to pay that level of wage. 

"It's an interesting one, though, because the one thing you have to say is, for Raheem Sterling, what does he want to...