Cole Palmer’s move to Chelsea takes Boehly’s transfer spending to £1billion
Cole Palmer has joined Chelsea from Manchester City in a deal worth up to £42. 5 million.
The Blues will pay an initial £40 million, with the rest made up of add-ons.
City initially valued their academy talent at £50 million but reached a compromise for Palmer with a £40 million fee and a further £2.5 million due in add-ons.
The deal for the midfielder brings Chelsea’s spending since Todd Boehly took over the club last year to £1bn.
Chelsea’s spending under Todd Boehly:
Moises Caciedo £115m
Enzo Fernandez £106.7m
Mykhailo Mudryk £88m
Wesley Fofana £73m
Marc Cucurella £62m
Romeo Lavia £58m
Christopher Nkunku £53m
Raheem Sterling £47.5m
Cole Palmer £42.5m
Axel Disasi £38m
Benoit Badiashille £35m
Kalidou Koulibaly £34m
Nicolas Jackson £32m
Noni Madueke £29m
Malo Gutso £26m
Robert Sanchez £25m
Lesley Ugochukwu £23.8m
Carney Chukwuemeka £20m
Andrey Santos £18m
Deivid Washington £17m
Pierre Emerick-Aubameyang, £12m
Joao Felix: £9.7m (loan fee)
Gabriel Slonina £9m
David Fofana £8m
Jimmy-Jay Morgan £3m
Denis Zakaria: £3 million (loan fee)
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