PSG considering world record €250m bid for Chelsea star Cole Palmer: report

Chelsea forward Cole Palmer has scored 14 goals for the Blues so far this term
Cole Palmer could break all transfer records under mooted PSG plans (Image credit: Getty Images)

Paris Saint-Germain are reportedly considering an earth-shattering £250m bid for Chelsea forward Cole Palmer.

The two sides recently met Stateside for the Club World Cup final, which saw the 23-year-old net twice in the Blues’ triumphant 3-0 victory over Les Parisiens.

It was a match that got the decision-makers at PSG thinking very big thoughts.

PSG eyeing groundbreaking €250m move for Cole Palmer

Cole Palmer #10 of Chelsea FC looks on during the FIFA Club World Cup 2025 group D match between CR Flamengo and Chelsea FC at Lincoln Financial Field on June 20, 2025 in Philadelphia, Pennsylvania.

Palmer was a key player in the Club World Cup final against PSG, which won't have dampened the French side's admiration (Image credit: David Ramos/Getty Images)

Palmer has experienced an incredible couple of years since breaking out of Manchester City’s academy, marking his debut Chelsea season in the Premier League with 22 goals and 11 assists and following that up last term with 24 goal involvements in the league.

He has, at times, carried the west London side in a way that defies his youth, in turn making any thoughts of prizing him away from his contract, set to run until 2033, seem scarcely achievable.

PSG boss Luis Enrique

PSG boss Luis Enrique would struggle to believe his luck if the club landed Palmer (Image credit: Getty Images)

But if any club can, you wouldn’t bet against it being PSG, who are believed to be considering tabling a package worth a jaw-dropping €250m, according to Fichajes.

That deal, should it progress, would surpass the French side’s signing of Neymar in 2017, who still holds the record for being the most expensive player of all time at €222m.

PSG have never been accused of being shy when it comes to spending, but they will be feeling particularly flush this summer after clinching their first UEFA Champions League title and adding another £78.4m to their coffers through the Club World Cup.

Despite rumblings of the big-money offer, the Spanish outlet reports that Chelsea are not considering a sale “under any circumstances” and that Palmer is happy with the Blues.

Chelsea head coach Enzo Maresca has made another signing ahead of the new season

Chelsea manager Enzo Maresca will be relieved to hear the Blues' strong stance against selling Palmer (Image credit: Getty Images)

In FourFourTwo’s view, there is a long distance between having an idea for an offer and actually seeing the player holding up the shirt of his potential new team.

There is no doubt Palmer is worth a pretty penny given his recent record, lengthy contract, and age, but if €250m is not enough to get Chelsea to the table, then it would seem the 23-year-old truly is not for sale.

Moreover, a move like this would seemingly fly in the face of PSG’s renewed, and almost instantly successful, strategy of recruiting young talents to develop in the French capital, rather than dropping incredible sums on the world’s current top talents.

Palmer is valued at €120m, according to Transfermarkt.

Isaac Stacey Stronge
Freelance Writer

Isaac Stacey Stronge is a freelance football writer working for FourFourTwo, Manchester United and Football League World. He has been a season ticket holder at Stockport County throughout the Hatters’ meteoric rise from the National League North to League One and is a die-hard Paddy Madden fan.

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