Cole Palmer Contract: Cole Palmer is an English attacking midfielder and winger who plays for Chelsea and the England national team. He came through Manchester City’s academy and made his senior debut in 2020. He was part of City’s 2023 treble-winning squad before moving to Chelsea that same year for £40 million. He earned the PFA Fans’ Player of the Year and Young Player of the Year in his first season at Chelsea.
In 2025, Palmer helped Chelsea win the UEFA Conference League and the FIFA Club World Cup. He won the Golden Ball at the Club World Cup and was named man of the match in both finals.
Internationally, Palmer played for England at multiple youth levels and won the 2023 UEFA European Under-21 Championship. He made his senior debut in 2023 and featured at UEFA Euro 2024, where he scored England’s equalizer in the final.
Cole Palmer Contract
Cole Palmer contract is a long-term contract worth £42.5m with Chelsea after leaving Manchester City. In August 2024, Chelsea extended his deal again, keeping him at the club until 2033. His contract does not include any Champions League-related release clause. Reports confirmed that Chelsea players do not have clauses allowing them to leave if the club fails to qualify for the Champions League.
What is Cole Palmer salary?
Cole Palmer contract is a long-term nine-year contract with Chelsea, which keeps him at the club until 2033. Under this deal, he earns £130,000 per week, which equals about £6.76 million per year. His weekly pay in dollars is around $164,208, and his annual pay is about $8.54 million.
How much does Cole Palmer make in a minute?
Cole Palmer makes about €12.7 per minute from his £6.7 million annual salary.
What is Cole Palmer’s Career Earnings
Cole Palmer has estimated career earnings of £12.5 million. His wealth comes mainly from football and from endorsement deals with brands such as EA Sports, Nike, and Burberry. He also trademarked his “Cold Palmer” celebration and renewed his Nike deal in March 2025.
Palmer earns £130,000 per week at Chelsea, according to Spotrac. His yearly pay is a little over £6.7 million. More than 60 Premier League players earn more per week than him, but he is expected to receive higher wages in the future because he has become one of Chelsea’s most important players.
Cole Palmer’s Year-by-Year Contract History
In 2025, Cole Palmer contract gives him an annual base salary of £6.8 million at Chelsea. His pay was the same in 2024 after he signed his long-term deal, keeping him on a £6.8 million yearly wage. In late 2023, during his first months at Chelsea, he earned £3.4 million annually, which was a rise from his Manchester City salary. Before the transfer, he earned £1.0 million in 2022 at City and £700,000 in 2021 at the start of his senior-team progression.
| Years | Club | Annual Salary (Base Est.) |
| 2025 | Chelsea FC | £6.8 Million |
| 2024 (Aug) | Chelsea FC | £6.8 Million |
| 2023 (Sept-Dec) | Chelsea FC | £3.4 Million |
| 2023 (Aug) | Chelsea FC | £3.4 Million |
| 2022 | Manchester City | £1.0 Million |
| 2021 (Jun) | Manchester City | £700,000 |
FAQs
Q. How long is Cole Palmer’s Chelsea contract?
A. Cole Palmer signed a two-year extension in July 2024. He is committed to Chelsea until 2033.
Q. How much does Cole Palmer earn?
A. Cole Palmer earns about £130,000 per week, and his annual salary is about £6.7–£6.8 million. This salary remains the same through the length of his contract.
Q. What is the total value of Cole Palmer contract?
A. Cole Palmer’s long-term deal runs until June 30, 2033. Chelsea will pay him over €55 million across the nine years.
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