Chelsea closing in on Man City winger Palmer

Chelsea are close to finalising an agreement with Manchester City for the permanent signing of forward Cole Palmer.

One source has told Sky Sports News Palmer is expected to have a medical on Thursday.

The deal is worth in the region of £40m.

Should the deal go through it would take the spending at Chelsea under the Todd Boehly-Clearlake Capital ownership to £1.02bn.

It will also take their spending this summer alone to £419m. In over five years and 11 transfer windows under Mauricio Pochettino, Spurs only spent £412m.

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Palmer played in the Premier League opener against Burnley and was on the bench for the last two games.

The 21-year-old, who scored in the Community Shield against Arsenal and UEFA Super Cup against Sevilla, is pushing for more first-team opportunities.