Cole Palmer has been making waves at Chelsea, and according to pundit Graeme Souness, his performances have been so impressive that his market value has skyrocketed. Souness believes that Palmer’s current form is so good that if a club like Real Madrid were interested, they would have to fork out at least £150 million to sign him.
This is a remarkable jump from the £40 million Chelsea paid to Manchester City for him last season.
Palmer’s rise at Chelsea has been a revelation. Before his move, the 22-year-old struggled to secure regular playing time at Manchester City, despite his potential as one of their academy graduates.
Phil Foden, another homegrown player, had successfully transitioned into City’s senior squad, becoming a key player under Pep Guardiola.
However, Palmer could not quite replicate that success and found himself unable to cement his place in Guardiola’s star-studded lineup. As a result, he made the move to Chelsea, where he has truly come into his own.
Since joining Chelsea, Palmer has been nothing short of exceptional, showcasing the talent that many at City had hoped to see but never fully witnessed. His performances have caught the eye of pundits and fans alike, with Souness suggesting that if he continues at this level, Real Madrid or other top clubs might come knocking with enormous offers.
In Souness’s view, it wouldn’t be surprising if a club like Real Madrid were prepared to offer £150 million for Palmer in the near future.
Writing in his column for the *Daily Mail*, Souness expressed his belief that Manchester City made a mistake by letting Palmer go. He argued that there were likely other players City could have sold instead.
While Chelsea paid £40 million for him, Souness now sees that as a bargain, especially if clubs are willing to pay three or four times that amount after seeing what Palmer can do at Stamford Bridge.
This transfer could go down as one of the smartest pieces of business by a Premier League club in recent years. Chelsea, a club that has previously been on the wrong side of letting young talents go—such as Mohamed Salah and Kevin De Bruyne—are now benefiting from a poor decision by another club.
Palmer’s potential and current form could make him one of the hottest transfer targets next summer, with Chelsea standing to make a significant profit if they decide to sell.