Chelsea reach an agreement with Manchester City for Cole Palmer
According to Fabrizio Romano on Twitter, Premier League giants Chelsea have reached an agreement with Manchester City for prodigious youngster Cole Palmer.
The Blues have signed several promising young players in recent windows and the same was repeated this summer. Palmer is one of the best young prospects to come out of The Etihad in recent years and has made the most of his senior opportunities under Pep Guardiola.
The 21-year-old primarily plays as an attacking midfielder and can also do a job out wide on the right if needed. He made his senior debut for Manchester City in 2020 and has since made 41 appearances for the club across all competitions, scoring six goals and assisting two.
Cole Palmer to Chelsea, here we go! Agreement in principle reached with Manchester City on £40m deal plus £5m add-ons 🚨🔵 #CFC
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
His opportunities this season are likely to be limited thanks to the signings of Jeremy Doku and Mateo Kovacic. With Phil Foden also ahead of him in the pecking order, Palmer at best would have been a player used in rotation.
A move to Chelsea could prove to be the better option in terms of regular playtime given the rebuild going on at Stamford Bridge. As things stand, Chelsea and Manchester City have both reached a verbal agreement worth an initial £40m plus £5m in add-ons.
While it is a huge price to pay for a player who is yet largely unproven, it is a fair value considering the 21-year-old’s potential. The onus will be on Mauricio Pochettinop to ensure Palmer develops as expected.
With all parties on board regarding the transfer, a medical is in line to be booked soon. With just over a day to go before the summer transfer window ends, things can be expected to move fast.
It now remains to be seen how exactly Chelsea plan to utilise the young Englishman. Pochettino has several prospects in his ranks and could now play the role of the hypothetical cook in charge of the broth. Surely the Blues have a plan and aren’t just hoarding talents hoping a few will come good.
For Manchester City, however, they have once again sold a bit-part prospect for a heavy fee that can now be reinvested elsewhere into the playing squad.
