After a season that fell below their sky-high standards, Manchester City is exploring bold moves to rejuvenate its squad. Pep Guardiola’s side, fresh from a disappointing Club World Cup campaign, is now reportedly eyeing a sensational return for Cole Palmer, one of Chelsea’s brightest stars and a former City academy product.
Palmer has enjoyed a meteoric rise since his move to Chelsea, and his recent performance at the Club World Cup only cemented his growing reputation. The 23-year-old forward scored twice and provided an assist in Chelsea’s 3-0 triumph over PSG in the final, a match that many believe solidified his status among the world’s elite.
Against a team widely regarded as the best in the world under Luis Enrique, Palmer’s brilliance stood out as he dismantled the Parisians almost single-handedly.
Unsurprisingly, that display has turned heads—especially in Manchester. According to a report from Fichajes, Pep Guardiola is keen on bringing Palmer back to the Etihad Stadium and is reportedly willing to sanction a staggering €170 million bid to make it happen.

But such a blockbuster move appears improbable on several fronts. Chelsea have no intention of selling one of their marquee players, especially not to a direct Premier League rival. Palmer has become the face of their resurgence, a central figure in Enzo Maresca’s plans, and a fan favourite at Stamford Bridge. By the way, his current contract with Chelsea is signed until 2033!
Moreover, while Palmer developed at City, it’s at Chelsea that he has flourished into a world-class talent. Guardiola’s teams traditionally prioritize tactical systems over individual brilliance, and there is a genuine question as to whether Palmer’s expressive style would be fully utilized under the Spaniard’s rigid framework.

Despite the swirling speculation, a move back to City seems far-fetched for now. Palmer’s development at Chelsea and his growing influence on and off the pitch make him central to the club’s long-term vision.
As Manchester City look to regroup after a rare dip, the desire to reclaim familiar faces like Palmer reflects both their admiration for the talent they once nurtured and the urgency to maintain their place at the pinnacle of world football. Whether or not the transfer materializes, Palmer’s best years appear set to unfold in Chelsea’s royal blue.