Cole Palmer began his youth career at Manchester City before transferring to Chelsea in 2023
Cole Palmer left Manchester City to join Chelsea for £42.5 million less than two years ago, and now his market value has more than doubled.
At 23, Palmer has become a regular in Enzo Maresca’s squad, overcoming initial criticism. He showcased his exceptional talent in the FIFA Club World Cup final, where Chelsea triumphed over Paris Saint-Germain 3-0.
Palmer scored two of Chelsea’s goals and assisted the third for Joao Pedro, earning the title of player of the tournament.
Despite his brief time at Stamford Bridge, Palmer’s value has surged, prompting Manchester City to ponder their decision.
Dave Powell, the chief football business writer, noted that Palmer’s transfer was intriguing, as he was seen as a surplus asset at City. Now, after an impressive performance in the FIFA Club World Cup, Palmer’s profile has significantly elevated.
He is now regarded as one of football’s highly sought-after players, with market valuations suggesting he could be worth between €108 million and €139 million (£94 million to £121 million) as of late June.
After his Club World Cup performance, Palmer’s potential price tag could range from £150 million to £200 million. He has the potential to become a generational talent, and his impact next summer at the World Cup could further solidify Chelsea’s investment.