Cole Palmer has signed a two-year contract extension with Chelsea, that will him at Stamford Bridge until 2033.

Chelsea insider Ben Jacobs, has claimed that the 22-year-old midfielder will now earn a salary of around £130,000-per-week.

With this new deal, Cole Palmer will become ‘one of the top earners’ at Chelsea. The new contract comes after a spectacular debut season at the club.

Meanwhile, Cole Palmer has said he’s happy about his new contract, and he has no regrets about leaving Manchester City.

Speaking to the club media, Cole Palmer said: “I’m buzzing about the new contract, as you can probably tell! The smile hasn’t left my face and I’m just happy. Since the first day I walked in the building, I’ve felt really good here.

“I’ve felt settled and now to know I’m going to be at Chelsea for a long time means a lot to me. Everyone knows it was a big move for me when I came. I’ve been at one place all my life, but I wanted to have a new experience.

“I can look back at it now and know it was the right decision. I’m happy I made the move and I’m just loving life here. The season just gone, for me personally, was amazing. I felt trusted in the team and I really enjoyed playing.

“It makes me excited for the season ahead and I think we can do some really good things this year. I always get that buzz when the Premier League starts again and we’re heading into the new season in great spirits.

“We’ve got an exciting manager, an exciting team, and I’m just really looking forward to getting underway. We’ve got a really talented young squad. It’s exciting to be a part of. We’ve got good players and that’s what you want.”