Graeme Souness believes that Cole Palmer’s recent performances for Chelsea have been so remarkable that he could now command a transfer fee of at least £150 million if a club like Real Madrid were to express interest.
Since his move to Chelsea last season, Palmer has made a significant impact, especially after facing challenges in securing a first-team position at Manchester City, despite being regarded as a promising talent from their youth academy.
While Phil Foden successfully transitioned from the academy to become a standout player for City, Palmer struggled to replicate that success under Pep Guardiola’s management.
This struggle ultimately led to his transfer to Chelsea, where he joined one of Manchester City’s main rivals.
Since arriving at Stamford Bridge, however, Palmer has thrived, leading Souness to speculate that Real Madrid could be willing to pay a substantial fee to sign the 22-year-old if he maintains his current form.
Palmer’s market value has surged significantly. In his column for the Daily Mail, Souness commented, “City got it wrong by letting Cole Palmer go to Chelsea.
There were surely other players they could have chosen to sell.
Chelsea paid £40 million for Palmer, but if Real Madrid come knocking next summer and he continues performing like this, I wouldn’t be surprised if they received a £150 million offer for him.”
This statement underscores how Palmer’s value has increased dramatically since his transfer, with estimates now exceeding three times the amount Chelsea originally paid.
This development marks a positive turnaround for Chelsea, who have historically faced criticism for letting young talents slip away.
The club has previously allowed players like Mohamed Salah and Kevin De Bruyne to leave during their formative years, only to see them flourish into elite players at rival clubs.
In Palmer’s case, it seems that Chelsea may have capitalized on a rare oversight by Manchester City, acquiring a young player whose potential is now being fully unlocked.
As Palmer continues to excel at Chelsea, his performances are not only enhancing his own prospects but also challenging skeptics while bolstering Chelsea’s reputation for astute transfer dealings.
His growing impact suggests that the decision by City to part with him may come back to haunt them.
The transfer appears to be one of the most astute pieces of business by any Premier League club in recent times, especially considering how quickly Palmer’s value has escalated.
In addition to Palmer’s success, Chelsea’s management is reportedly keen on further strengthening the squad.
They are in discussions about bringing in a €100 million-rated player from Bundesliga giants as a potential replacement for Jadon Sancho.
The urgency surrounding this transfer indicates Chelsea’s commitment to building a competitive team capable of challenging for top honors in both domestic and European competitions.
Overall, Palmer’s rise at Chelsea, alongside the club’s proactive approach to transfers, signals a bright future for both the player and the team.