Cole Palmer has moved from Manchester City to Chelsea in a deal that could cost up to £42.5 million.
The first £40 million will be paid by the Blues, with add-ons covering the remaining sum.
Palmer’s price was reduced from City’s initial valuation of £50 million to a compromise price of £40 million plus an additional £2.5 million in add-ons.
With the purchase of the midfielder, Chelsea has already spent £1 billion since Todd Boehly took over the organization last year.
Todd Boehly’s expenditures at Chelsea:
£115m Moises Caciedo
£106.7m Enzo Fernandez
£88m Mykhailo Mudryk
£73m Wesley Fofana
62 million pounds for Marc Cucurella
Romeo Lavia £58 million
£53m Christopher Nkunku
£47.5 million Raheem Sterling
£42.5m Cole Palmer
£38m Axel Disasi
$35 million Benoit Badiashille
£34m Kalidou Koulibaly
£32 million Nicolas Jackson
£29m Noni Madueke
£26m Malo Gutso
£25m Robert Sanchez
£23.8m Lesley Ugochukwu
£20m Carney Chukwuemeka
18 million pounds go to Andrey Santos
£17 million Deivid Washington
$12 million Pierre Emerick-Aubameyang
Joao Felix’s loan fee is £9.7m.
£9m Gabriel Slonina
$8,000 David Fofana
Michael Jay Morgan, £3m
Denis Zakaria $3,000,000 (loan fee)
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