1 September 2023

Chelsea Seal Man City's Palmer To Take Boehy Pending Over £1bn  (Sky Sports)

Cole Palmer Chelsea have completed a deal to sign Manchester City winger Cole Palmer on Transfer Deadline Day.

The Blues will pay an initial £40m with £2.5m in add-ons which takes the spending at Chelsea under the Todd Boehly-Clearlake Capital ownership to £1.02bn.

It will also take their spending this summer alone to £419m. In over five years and 11 transfer windows at Tottenham, the Chelsea coach Mauricio Pochettino's former club, he only spent £412m.

Palmer has signed a seven-year contract with the option of a further year and will join up with the Chelsea squad ahead of their Premier League fixture at home to Nottingham Forest on Saturday.

On signing for the Blues, Palmer said: "I'm excited to get started and it feels great to sign. I've joined Chelsea because the project here sounds good and because of the platform I will have to try to showcase my talents.

"It is a young and hungry squad and, hopefully, we can do something special here."

Palmer played in Manchester City's Premier League opener against Burnley and was on the bench for the last two games.

The 21-year-old, who scored in the Community Shield against Arsenal and UEFA Super Cup against Sevilla, is pushing for more first-team opportunities.

He made 25 appearances for City last season across all competitions and ended the campaign as a Premier League, Champions League, and FA Cup winner.

Palmer then celebrated international success this summer alongside new Chelsea team-mates Levi Colwill and Noni Madueke when he lifted the European U21 Championship with England.