In a deal worth up to £42.5 million, Cole Palmer has officially joined Chelsea from Manchester City.
Initially, City valued their academy talent at £50 million, but they came to a compromise, accepting a fee of £40 million for Palmer, with an additional £2.5 million due in add-ons.
With this transfer, Chelsea’s spending since Todd Boehly’s takeover of the club last year has reached a whopping £1 billion.
Here is a list of Chelsea’s expenditures under Todd Boehly:
- Moises Caciedo – £115 million
- Enzo Fernandez – £106.7 million
- Mykhailo Mudryk – £88 million
- Wesley Fofana – £73 million
- Marc Cucurella – £62 million
- Romeo Lavia – £58 million
- Christopher Nkunku – £53 million
- Raheem Sterling – £47.5 million
- Cole Palmer – £42.5 million
- Axel Disasi – £38 million
- Benoit Badiashille – £35 million
- Kalidou Koulibaly – £34 million
- Nicolas Jackson – £32 million
- Noni Madueke – £29 million
- Malo Gutso – £26 million
- Robert Sanchez – £25 million
- Lesley Ugochukwu – £23.8 million
- Carney Chukwuemeka – £20 million
- Andrey Santos – £18 million
- Deivid Washington – £17 million
- Pierre Emerick-Aubameyang – £12 million
- Joao Felix – £9.7 million (loan fee)
- Gabriel Slonina – £9 million
- David Fofana – £8 million
- Jimmy-Jay Morgan – £3 million
- Denis Zakaria – £3 million (loan fee)