Cole Palmer has committed his future to Chelsea by signing a two-year contract extension that will keep him at Stamford Bridge until June 2033.
The 22-year-old attacking midfielder’s new terms come as a reward for a sensational debut season with the club, where he made a significant impact on the pitch.
Palmer joined Chelsea from Manchester City last summer for an initial fee of £40 million, with an additional £2.5 million in potential add-ons.
Upon his arrival, he signed a seven-year contract with an option for a further 12 months. His first season in west London saw him register an impressive 25 goals and 15 assists in 45 appearances across all competitions.
His outstanding performances have earned him a nomination for the PFA Men’s Young Player of the Year award for the 2023-24 season, alongside Bukayo Saka, Michael Olise, Joao Pedro, Kobbie Mainoo, and Alejandro Garnacho. The winner of the award is set to be announced on August 20.
Palmer’s form at Chelsea also led to his inclusion in the England squad for the European Championship. After being an unused substitute for the first two matches, he played in all five of England’s subsequent games, scoring a crucial equalizing goal in the final, where England narrowly lost 2-1 to Spain.
Due to his exploits at Euro 2024, Palmer returned to Chelsea later than the rest of his teammates, having only recently completed his holiday. He made his first appearance of pre-season as a second-half substitute in Chelsea’s 1-1 friendly draw with Inter Milan at Stamford Bridge.
Chelsea manager Enzo Maresca will be hoping Palmer can carry his form into the upcoming Premier League season, which kicks off this Sunday with a home match against his former club, Manchester City. The Blues will also be competing in the Conference League play-off four days later against either Servette or Braga.
Palmer’s contract extension solidifies his place as a key player in Chelsea’s long-term plans, as the club looks to build on last season’s successes and challenge for top honors in the coming years.