Speaking to Coral bookmakers, Cole enthused: "I've worked with Conor Gallagher and he is such a talented footballer. He has got it all.
"He can play box-to-box, like he is at Palace and where I think his best position is, but he can also play number eight or number ten with his back to goal.
"They will take him back at the end of the season and he will be playing in the first team. He's got a great chance of playing for England at the 2022 World Cup in Qatar."
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