It’s a deal: Chelsea got Cole Palmer for £45 million

Chelsea managed to convince Manchester City to accept their offer for Cole Palmer and the English youth international will move to London, Fabrizio Romano reports.

According to the transfer guru, Palmer’s will to move was the key in the deal as Man City were reluctant to sell him at first. Chelsea were looking desperately to find another winger for the season and it looks like will succeed.

The London side will pay £40 million transfer fee plus another £5 million as add-ons. Medical tests will be booked soon so Palmer can sign his contract before the September 1 deadline.

Cole Palmer to Chelsea, here we go! Agreement in principle reached with Manchester City on £40m deal plus £5m add-ons ?? #CFC

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Exclusive news revealed earlier today then quick resolution between clubs and green light from Palmer.

Medical tests to be booked soon. pic.twitter.com/7SvIqgYyKL

— Fabrizio Romano (@FabrizioRomano) August 30, 2023

With this transfer, Chelsea will bump their summer transfer fees to the stratospheric £465 million, adding Palmer alongside Caicedo, Nkunku, Angelo, Petrovic, Sanchez, Ugochukwu, Jackson, Diasi and Lavia.