As per reports, Manchester City missed a major trick in the sale of academy graduate Cole Palmer to Chelsea despite the £42.5 million price tag.
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Manchester City sold Palmer for £42.5 millionDid not include a sell-on clauseChelsea happy with lack of clauseGettyWHAT HAPPENED?
Palmer's skyrocketing transfer value will benefit Chelsea financially, according to The Daily Mail, as Manchester City failed to include a sell-on clause when approving the winger's summer move to Stamford Bridge.
Advertisement(C)Getty ImagesTHE BIGGER PICTURE
Considering Palmer had only made three Premier League starts prior to arriving at Stamford Bridge, City considered a £40 million guaranteed payout from Chelsea to be a decent bargain. However, the club may now start to regret the decision considering the player's form in the league for the Blues.
GettyDID YOU KNOW?
There have been tens of millions of pounds that City has obtained in recent years from moves involving former players like Jadon Sancho, Pedro Porro, and Romeo Lavia.
WHAT NEXT FOR PALMER?
The 21-year-old will now be in action for Chelsea when they take on Newcastle United on Saturday, November 25.