Real Madrid move for Cole Palmer HIJACKED by €200m bid

Carlo Garganese

• Updated: 5 Jan 2025 12:40 GMT
• 3 min read

PSG are attempting to hijack Real Madrid's plans to sign Cole Palmer with a €200m move for the Chelsea superstar.

According to El Nacional, PSG are putting together a €200 million bid that they are ready to present to Chelsea.

This is the price tag that Chelsea owner Todd Boehly slapped around Palmer’s head in an attempt to ward off interest from Real Madrid.

There have been growing reports in recent weeks that Madrid want to make Palmer their next Galactico signing in 2025.

The reports state that Madrid are prepared to pay €150m in order to sign Palmer.

According to the Spanish media, Chelsea have no intention to sell Palmer and are demanding €200m from the Champions League winners in order to even consider a sale. That would make Palmer Chelsea's record sale.

It will be interesting to see how they react if PSG reach this figure with their own bid.

Palmer at Chelsea

The 22-year-old left Man City for Chelsea for €47 million in the summer of 2023 and he has established himself as one of the best players in the Premier League since his move to Stamford Bridge.

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This season, Palmer has been in inspired form, delivering 13 goals and six assists in the Premier League to lead Chelsea up into the top four.

Palmer now has a brilliant 61 goal contributions in 70 games since joining Chelsea, while he was recently named England Men’s Player of the Year for 2023-24.

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Palmer found the back of the net again on Saturday in the 1-1 draw for Chelsea at Crystal Palace.

He has been capped 11 times by England, scoring two goals.

Palmer scored England’s equaliser in the Euro 2024 final but Spain went on to win 2-1.