Chelsea Sign Cole Palmer From Manchester City
Premier League side, Chelsea has completed the signing of winger, Cole Palmer from Manchester City.
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.
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.”
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.