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Cole Palmer Net Worth 2024

Cole Palmer is an English footballer who currently plays for the Premier League side Chelsea. The player, also known as ‘Cold Palmer’, showcased his phenomenal talent at the club last season. While he has joined them very recently, he has already become one of their most crucial players and was pivotal for them throughout the season last year. This article talks about Cole Palmer’s net worth and the salary he earns at Chelsea.

What Is Cole Palmer’s Net Worth?

Cole Palmer spent most of his time at Manchester City. He started playing football in 2010 after he joined Manchester City’s youth academy. He spent 2010 to 2020 playing for Manchester City and developing. He had faced concerns from the age of 14 that his physique was too slight for professional football, and academy coaches wanted to release him at 16, but academy director Jason Wilcox rejected their decision.

The English youngster made his debut for Manchester City’s senior team on 30th September 2020, in the fourth round of the EFL Cup against Burnley. His first goal for the club came on 21st September 2021 in the EFL Cup against League One side Wycombe Wanderers. Palmer showcased his talent right from the off, and it was clear that he would develop into a top player in the future.

#OTD in 2021, Cole Palmer scored his first City goal in a 6-1 victory over Wycombe Wanderers 💥#ManCity pic.twitter.com/Y1GAbRWcJ2

— Manchester City (@ManCity) September 21, 2022

Cole Palmer played for Manchester City from 2020 to 2023. He made 41 appearances for them in all competitions and scored six goals. While everything was going smoothly, Palmer was not happy with the lack of game time. He wanted to get more minutes under his belt, but with the number of high-profile players in Manchester City, the club was not able to guarantee him minutes. This was when he decided to leave the club to try and further his career elsewhere.

On 1st September 2023, Chelsea agreed to pay around £42.5 Million to sign Palmer from Manchester City. They signed him on a seven-year contract with an option to extend it further by one year. The fact that Chelsea agreed to pay such a high fee for a player who had no proper experience and was yet regarded as an academy product bewildered fans. However, their scouting team must have seen something the others missed as he started his career at Chelsea with a bang.

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Cole Palmer made his debut for Chelsea against Nottingham Forest just one day after he signed for them. While he did not score or assist in that game, he did not have to wait too long. On 7th October 2023, he scored and assisted against Burnley. It took Palmer no time to find his footing at Chelsea, and he started going at it right away. The season that followed after this was simply phenomenal. Palmer outperformed far more than anyone could have expected, becoming Chelsea’s main man in just one season.

The English star ended his first season at the club with 42 goal contributions (27 goals and 15 assists) in all competitions. Palmer scored 22 goals in the Premier League and assisted 11 times, something which is beyond impressive. While Chelsea seemed to struggle as a team and could only finish in 6th place, Palmer stood out very clearly. This turned out to be the best piece of business Chelsea has done in recent years, and fans finally realised why the club was so eager to shell out money to secure his services.

Cole Palmer has only recently started playing regular first-team football and is still just 22 years old. Given that he has not had a lot of time to build up his net worth, he is doing reasonably well. The Chelsea star has already accumulated a net worth of around £4 Million. While this is not a huge number, remember that this is just the start of his career and future professional contracts alongside various brand endorsements will only help boost his net worth even further in the future.

Cole Palmer’s Salary At Chelsea

Credit: beIN SPORTS

Cole Palmer joined Chelsea from Manchester City on 1st September 2023. He signed a seven-year contract with the club with an option to extend it by another year. While this was a contract that would see him stay at the club for a very long time, after seeing his performance in the first season, the club decided to renew his contract almost immediately despite there being so much time left in his current contract.

He signed a new contract with Chelsea on 13th August 2024, which will see him stay at the club until the summer of 2033. This is a very long-term contract, but Palmer was more than happy to repay the faith that Chelsea showed in him and sign this new contract. This will see Palmer earn around £130,000/week. The rising star will surely receive even higher contracts in the future, and he will develop even further. Such professional contracts will surely go a long way in helping him increase his net worth.

For more news and updates on Cole Palmer, keep reading GutshotMagazine.com. Follow us on Facebook, Instagram, Twitter and Telegram.

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