Palmer moved to Stamford Bridge from Manchester City for £40 million ($54m) in 2023. He enjoyed a memorable debut campaign in west London, registering 25 goals and being named PFA Young Player of the Year. His output dipped slightly in 2024-25, finding the target on 18 occasions, but was still able to help the Blues to Conference League and FIFA Club World Cup honours.
Chelsea have moved to tie Palmer down on a contract through to 2033, as they seek to ensure that they are the ones to benefit from his current ability and future potential, but there are no guarantees that said terms will be honoured. Any player in world football would find it difficult to shun interest from the likes of Barca and Real if they were to put a formal bid on the table.


