Cole Palmer is retained at Chelsea until June 2033. The 24-year-old midfielder earns £130,000 per week.
Verified August 25, 2026
Cole Palmer
Current Club: Chelsea
🌍 English
💰 Weekly Wage: £130,000/week
📅 Contract: Expires June 30, 2033 (6 years remaining)
Contract and Personal Information
Cole Palmer earns 105.0% above the average midfielder wage of £63,417/week tracked across the database. See position pay gap →
About
Wythenshawe-born Cole has been a member of City from the under-8 level and is skilled at playing as both an attacking midfielder and a striker.
He has consistently been a part of the matchday squad in 2022–2023.
Palmer has added another Premier League championship to his list of accomplishments thanks to his tireless efforts to remain a constant in Guardiola’s matchday squad.
The Academy graduate participated three times in the FA Cup and scored a great goal in our 6-0 quarter-final win over Burnley. He got a 2023 FA Cup winners’ medal after City defeated Manchester United 2-1 in the final.
Palmer was a member of Pep Guardiola’s Champions League team that defeated Inter to clinch the Treble.
Other Midfielders in Chelsea
Frequently Asked Questions
When does Cole Palmer's contract expire?
Cole Palmer's current contract expires on June 30, 2033.
How much does Cole Palmer earn per week?
Cole Palmer earns approximately £130,000 per week.
Who does Cole Palmer play for?
Cole Palmer currently plays for Chelsea.
What position does Cole Palmer play?
Cole Palmer plays as a midfielder.
How old is Cole Palmer?
Cole Palmer is 24 years old.
What is Cole Palmer's annual salary?
Annualised, Cole Palmer's basic salary is approximately £6,760,000 per year (gross weekly wage of £130,000 multiplied across the 52-week contract year, excluding bonuses, image rights or signing-on fees).
When can Cole Palmer sign a pre-contract with another club?
Under FIFA rules Cole Palmer can sign a pre-contract with an overseas club from December 30, 2032, six months before the current deal expires on June 30, 2033.
How many months are left on Cole Palmer's contract?
Cole Palmer has approximately 83 months left on the current deal, with expiry due on June 30, 2033. Selling clubs usually negotiate renewal or sale in the prior summer window.
How does Cole Palmer's wage compare to other midfielders?
Cole Palmer earns roughly 2.05x the position average — the average midfielder in our database earns £63,417 per week, so Cole Palmer is paid 2.05x the position average.
When was Cole Palmer born?
Cole Palmer was born on May 6, 2002, making the player 24 years old as of today.