Cole Palmer, an under-21 international for England, has a contract worth £45 million from Manchester City to Chelsea, sources informed ESPN.
On Wednesday, when Chelsea made an official approach for the 21-year-old, an agreement was promptly agreed between the club and Manchester City.
In order to finalize a deal before the transfer deadline on Friday, Palmer is anticipated to have a physical with the London club on Thursday.
Palmer, who has a contract with City through 2026, has had a promising start to the season after scoring in both the team’s UEFA Super Cup win against Sevilla and Community Shield loss to Arsenal.
Emile Smith Rowe of Arsenal and Brennan Johnson of Nottingham Forest have both been evaluated as possibilities by Chelsea, however, Tottenham is making headway in its pursuit of the latter.
Palmer is looking for consistent playing time, but winger Jérémy Doku’s $55.5 million ($70.47 million) transfer from Stade Rennais has made it difficult for him to break into the Man City first squad.
