Chelsea are ready to hand Cole Palmer a bumper new contract.

The midfielder joined Chelsea in the summer from Manchester City, penning a deal to 2030.

However, such has been his impact, Chelsea want to reward Palmer with a massive pay-rise.

The Daily Express says Palmer is currently on around €88,000-a-week.

And from next season, Chelsea are ready to upgrade his deal to €175,000-a-week to keep him happy.