Chelsea has signed Cole Palmer from Manchester City for £42.5 million ($53.5 million.

Palmer spent his youth career at City and made his first-team debut in September 2020.

"Manchester City has been a part of my life for 15 years and it's all I've ever known since the age of six," Palmer wrote in an Instagram post on Friday.

"I have been very lucky to work with some amazing people along the way. To the coaches the staff, the physios and to all the people behind the scenes. I am very grateful and just want to thank you for helping me become who I am today."