Cole Palmer has reportedly shown interest in joining Real Madrid, potentially reigniting discussions despite Chelsea’s demand for a record-breaking fee. Currently one of the Premier League’s standout players, Palmer has been involved in 17 goals this season, second only to Mohamed Salah. Given that Palmer is in just his second season of consistent play, his growth potential is significant.

Real Madrid initially cooled their interest after Chelsea set a staggering price tag of €200 million (£165 million/$210 million), which exceeds what the Spanish giants are willing to pay. However, recent reports indicate that Palmer’s desire to join Real has caught the attention of the club’s board, suggesting they might reconsider their stance.

While a transfer of this magnitude would break Premier League records—surpassing Philippe Coutinho’s £111 million move to Barcelona—sources indicate that Palmer’s exit from Chelsea remains unlikely at this time. He has expressed his passion for the club, and Chelsea holds him in high regard.

Staying at Chelsea would also be advantageous if they can secure their primary target, Raphinha, to form a potent attacking partnership with Palmer. Additionally, Chelsea may pursue Manchester City’s Ruben Dias, while also exploring loan opportunities for Tosin Adarabioyo, who is attracting interest from West Ham.

Former player Jamie Carragher has noted that Chelsea’s title ambitions are hindered by a lack of quality in both their center-back and goalkeeper positions. This adds further complexity to any potential transfer discussions involving Palmer and other players.