Chelsea and Manchester City have negotiated a fee of up to £45 million for Cole Palmer, who will have a medical at Stamford Bridge
Palmer has agreed to transfer to Chelsea for an initial cost of £40 million, with a further £5 million contingent on add-ons.
Chelsea have identified the England U-21 international as their top transfer target in the final days of the transfer season, as Mauricio Pochettino tries to add another option to his attacking line.
According to Fabrizio Romano, a ‘fast conclusion’ has been reached between the clubs, and Palmer has given Chelsea the ‘green light’ to come to Stamford Bridge.
Palmer was eager to get more regular playing time this season after appearing in just two Premier League games in 2022/23. Brighton, West Ham, and Burnley have all been connected with the versatile forward, but Chelsea are now close to completing a deal.
Palmer was a standout for England as they won the UEFA U-21 European Championship this summer, scoring once and assisting twice in the semi-finals before his free-kick deflected in off teammate Curtis Jones to secure a 1-0 victory against Spain in the final. The winger has six goals in 41 senior games for Manchester City and has already scored in the Community Shield and UEFA Super Cup this season.
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