Cole Palmer

Recent reports from March 2026 suggest Chelsea would demand a fee significantly over £100 million, potentially rising towards £150 million (€173M), with Bayern Munich reportedly ready to offer around €100M. In January 2026, a Manchester United bid of €120M was reported, while Chelsea's asking price was cited as high as €200M. Throughout 2025, rumours linked PSG with staggering offers between €250M and €290M, and Manchester City with bids ranging from €170M to a record-breaking €200M plus add-ons. In late 2024, reports suggested Real Madrid could offer €180M and Manchester City were linked with a €150M move. Palmer's last completed transfer was from Manchester City to Chelsea in September 2023 for a reported €47M.

Our valuation is driven by Cole Palmer's long-term contract until 2033, which gives Chelsea maximum leverage. The range is anchored by a reported €120 million bid from Manchester United at the low end and numerous reports of asking prices and potential offers from clubs like Manchester City and Real Madrid approaching €180-€200 million at the high end. The most frequently cited potential fee is around £150 million (€172-€174 million), making our estimate of €170 million a likely figure required to even begin negotiations.