Cole Palmer has committed to Chelsea by signing a new two-year contract extension, keeping him with the club until 2033, according to transfer expert David Ornstein.

Chelsea secured Palmer’s services last summer for £40 million from Manchester City, and he quickly made a significant impact. The winger outperformed all other players in the Premier League in both goals and assists, earning him a spot in England’s squad for Euro 2024. During the tournament, Palmer assisted Ollie Watkins' winning goal in the semi-final and scored the equalizer in the final, though England eventually lost to Spain.

Despite the scrutiny Chelsea has faced over its transfer strategy since Clearlake's acquisition of the club from Roman Abramovich, Palmer has been a standout success. In his debut season with Chelsea, he scored 25 goals and provided 15 assists across all competitions, establishing himself as one of the top players in the league.

Palmer is now a strong contender for the Professional Footballers' Association (PFA) Players’ Player and Young Player of the Year awards.