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GREASE MY PALMS
Cole Palmer’s incredible off-field earnings revealed after Chelsea star sets up his own company to handle sponsor deals
The windfall comes in addition to his Stamford Bridge salary
FOOTIE hotshot Cole Palmer made £1.6million in a year - ON TOP of his wages for playing.
The England star, 22, who became the second-quickest Chelsea star to reach 30 Premier League goals this week, has seen cash in his image rights company Palmer Management Limited shoot up.
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The Chelsea and England attacking midfielder makes more than £30,000 a week from sponsorship deals.
The windfall comes in addition to his Stamford Bridge salary.
Accounts filed this week show he had assets of £2,149,409 at the end of October 2024 - compared to £563,475 a year earlier.
Assets include £1,698,821 cash in the bank.
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They cover the period when Cole - who joined Chelsea from Manchester City in the summer of 2023 - netted lucrative sponsorship deals with Nike and fashion brand Boohoo.
Cole set up the company three years ago to handle his off the pitch earnings, with it described as a "media representation services" company.
After paying bills, Cole was left with net assets of £1,271,616.
The star paid £318,421 corporation tax and a further £189,643 in tax and social security.
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Cole, 22, banked a substantial pay rise over the summer, taking his salary from £80,000 to £130,000 a week,
The former City man recently revealed he is dreaming of winning the Ballon d'Or and being crowned the world's best player.
He told the podcast: "Ballon d'Or, that's what everyone wants to win. I wish."
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