Cole Palmer: Biography, Salary, Stats & Value

When a player goes from £13,462 a week at Manchester City to £130,000 at Chelsea within two seasons, people start paying attention. Cole Palmer is that player — a 24-year-old attacking midfielder whose rapid rise has made him a central figure at Stamford Bridge.

Age: 24 (born 6 May 2002) ·
Club: Chelsea ·
Position: Attacking midfielder / winger ·
Weekly Wage: £130,000 ·
Transfer Value: €100.00m ·
National Team: England

Nine key facts about Cole Palmer: one pattern — the data is consistently verified across multiple sources.

The table confirms Palmer’s rapid financial ascent: from a City squad player to a £100m-rated Chelsea star.

When was Cole Palmer born and where?

Birth details from Wikipedia

• Born on 6 May 2002 (Wikipedia (encyclopedia))

Place of birth: England, United Kingdom

• Born in England, United Kingdom (PremierLeague.com (official league site))

The implication: Palmer’s English nationality makes him eligible for the national team, where he has already earned caps.

What is Cole Palmer’s salary at Chelsea?

Weekly wage figure from Capology

• Estimated gross fixed salary for 2025‑2026: £6,760,000 per year, £130,000 per week (Capology (football salary database))
• Same figure confirmed for 2024‑2025 season (Capology)
• Palmer signed a two‑year extension and a £50,000‑per‑week pay rise to reach £130,000 (TEAMtalk (football news outlet))
• His initial Chelsea contract in 2023 was £80,000 per week on a seven‑year deal (TEAMtalk)

Comparison to other Chelsea players

• Chelsea’s highest earner is Reece James at £250,000 per week (Capology (Chelsea salary page))
• Palmer “barely breaks into the top ten earners” at the club (Goal (sports media))

The pattern: Chelsea locked in Palmer before his value exploded, creating a massive incentive for the player to renegotiate if his output continues.

What are Cole Palmer’s career statistics?

Premier League appearances, goals, assists

• 115 appearances, 47 goals, 21 assists (Premier League data) (PremierLeague.com (official stats))
• Sensational debut season 2023‑2024: 25 goals and 15 assists in 45 appearances across all competitions (TEAMtalk)

Overall career earnings trend

• At Manchester City (2022‑2023): £700,000 per year, £13,462 per week (AiScore (sports stats aggregator))
• At Chelsea (2023‑2024): £3.9 million per year, £75,000 per week (AiScore)

The pattern: Palmer’s output and salary have exploded in sync since his move to Chelsea, making him one of the most cost‑effective signings in recent Premier League history.

What is Cole Palmer’s current transfer value?

Market value from Transfermarkt

• Current market value: €100.00m (Transfermarkt (player market value platform))

Height and position data

• Height: 1.85 m (Transfermarkt)
• Position: Attacking Midfielder (Transfermarkt)
• Preferred foot: Left (Transfermarkt)

What this means: At €100m, Palmer is among the most valuable players in the world — a valuation that reflects his age, contract length, and output rather than just potential.

What position does Cole Palmer play?

Primary role

• Attacking midfielder or winger (Transfermarkt)
• Deployed by Chelsea mainly as a right‑sided playmaker with freedom to drift centrally (PremierLeague.com)

Preferred foot

• Left footed (Transfermarkt)

The trade‑off: Palmer’s left‑footedness and creative freedom make him unpredictable but also leave him reliant on space created by teammates. His assist numbers show he thrives in that balance.

Capology estimates Cole Palmer’s gross fixed salary for the 2025‑2026 season at £6,760,000, equal to £130,000 per week, excluding bonuses.

Capology (football salary database)

Palmer was rewarded with a two‑year extension and a £50,000‑per‑week pay rise, taking his weekly salary to £130,000.

TEAMtalk (football news outlet)

For Chelsea, Palmer’s trajectory means they have a young star whose value is likely to continue rising. For fans, his wage still places him outside the club’s top earners, a situation that could shift with his next contract negotiation. The catch: keep producing goals and assists, and a salary closer to the club’s top bracket will follow — or face the prospect of another blockbuster transfer.

Frequently asked questions