Cole Palmer Signs Seven-Year Contract with Chelsea FC
Enigmatic Winger Departs Manchester City for London Club
In a blockbuster transfer that shook the football world, English forward Cole Palmer has signed a seven-year contract with Chelsea FC. The 21-year-old joins the Blues from Manchester City for an initial fee of £40 million, with an additional £25 million in potential add-ons.
Contract Details
Palmer's new contract with Chelsea is reportedly worth a whopping £27.3 million over the seven-year period. The winger will earn an annual average salary of £3.9 million, with his base salary in 2023 amounting to the same figure. This places Palmer among the highest earners at Chelsea.
Chelsea's Wage Structure
The arrival of Palmer has further inflated Chelsea's annual wage bill, which now stands at a staggering £150.124 million. This equates to a weekly wage支出of £2.887 million for the playing staff.
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