have rejected ’s opening bid for Cole Palmer but the two clubs are likely to settle on a fee of around £45million for the attacking midfielder.
Palmer, 21,
has signed off on a move for the England Under-21 international, eager to bring in another attacking option before Friday’s deadline.
According to the , City have rejected an opening offer of £35m from Chelsea for Palmer.
City have asked for £50m for their academy product with the report suggesting an agreement is not far off with a compromise likely to be reached.
Palmer has three years left on his contract at the Eithad Stadium and while Pep Guardiola is open to keeping him, first-team opportunities are likely to come at a premium given City’s options in attack.
Palmer has managed 10 minutes of Premier League action this term, coming off the late on in the opening day victory over Burnley.
He also started the Uefa Super Cup final against Sevilla, getting on the score sheet before City went onto win 5-4 on penalties.
Palmer has made 41 appearances in all competitions for City since making his senior debut in September 2020, 19 of those coming in the league.
City are also set to make a major addition to their squad before deadline day having now reached a verbal agreement with Wolves over midfielder Matheus Nunes.
The Daily Telegraph reports a £60m deal has now been struck after an initial offer of £47m was rejected. The former Sporting star has effectively gone on strike to force through the move, refusing to train this week.
Another promising City youngster in Tommy Doyle is set to join Wolves in a £5m deal which will include a 50 per cent sell-on clause.
Final details over the deal, including payment terms and instalments are still being discussed.
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