Chelsea salaries 2024/25: How much does Cole Palmer earn at Stamford Bridge?

New manager Enzo Maresca needs to streamline gargantuan squad after further signings

Cole Palmer has signed an improved contract extension to take his Chelsea deal to nine years. AFP

It is all happening at Chelsea. The Blues will begin the new season with a new manager in Enzo Maresca, the latest coach tasked with getting the team up and running.

The new owners at Chelsea had decided to part ways with Mauricio Pochettino after just one season in charge. After a brief search, the club zeroed in on Maresca, bringing him in from Leicester City less than two weeks after Pochettino's exit as the fourth permanent manager in just two years.

Chelsea have again been extraordinarily active in the transfer market. However, they needed to recoup funds soon after splashing well over £1 billion in the past four transfer windows.

Conor Gallagher was expected to move to Atletico Madrid but that deal seems to have stalled. Armando Broja and Trevoh Chalobah are also garnering interest in the transfer market.

Chelsea's squad has ballooned with even more signings ahead of the new season. They signed Portuguese winger Pedro Neto from Wolves for a reported fee of £54m.

The 24-year-old becomes the Blues' ninth signing, with Chelsea spending around £185m in the past few months.

There is also uncertainty over the future of Romelu Lukaku and Raheem Sterling at Stamford Bridge, with the management desperate to balance the books and reduce a squad size approaching 50 players before the transfer window closes on August 30.

Chelsea, who finished sixth in the Premier League table, have done a few things right though. England forward Cole Palmer has signed a two-year contract extension with them, having joined from Manchester City last September.

Palmer had a superb campaign last season, scoring 22 Premier League goals before becoming a member of the England squad that reached the final of Euro 2024, where he scored an equaliser after coming off the bench in the loss to Spain. He was also named the Premier League's Young Player of the Season.

Chelsea's squad is brimming with talent, even though some may be on their way out. And since finances are currently the biggest factor as the club prepares for the start of the new season, we take a look at who earns the most at Stamford Bridge.

Data collected from capology.com and spotrac.com.

Highest earning players at Chelsea for 2024-25

=1. Romelu Lukaku - £325,000 per week

=1. Raheem Sterling - £325,000 per week

3. Reece James - £250,000 per week

=4. Ben Chilwell - £200,000 per week

=4. Wesley Fofana - £200,000 per week

6. Christopher Nkunku - £195,000 per week

7. Enzo Fernandez - £180,000 per week

8. Marc Cucurella - £175,000 per week

=9. Kepa Arrizabalaga - £150,000 per week

=9. Moises Caicedo - £150,000 per week

11. Cole Palmer - £130,000 per week

12. Tosin Adarabioyo - £120,000 per week

=13. Marc Guiu - £100,000 per week

=13. Levi Colwill - £100,000 per week

=13. Mykhailo Mudryk - £100,000 per week

=13. Carney Chukwuemeka - £100,000 per week

17. Benoit Badiashile - £90,000 per week

18. Axel Disasi - £80,000 per week

19. Nicolas Jackson - £65,000 per week

20. Robert Sanchez - £60,000 per week

=21. Conor Gallagher - £50,000 per week

=21. Noni Madueke - £50,000 per week

=21. Trevoh Chalobah - £50,000 per week

= 24. Malo Gusto - £45,000 per week

=24. Romeo Lavia - £45,000 per week

=24. Lesley Ugochukwu - £45,000 per week

=27. Armando Broja - £40,000 per week

=27. Deivid Washington - £40,000 per week

29. Marcus Bettinelli - £35,000 per week

30. David Fofana - £30,000 per week

=31. Djordje Petrovic - £25,000 per week

=31. Renato Veiga - £25,000 per week

=33. Diego Moreira - £10,000 per week

=33. Andrey Santos - £10,000 per week

35. Cesare Casadei - £7,500 per week

Note: New signing Pedro Neto's salary not yet released.