Now that Cole Palmer seems finally ready to return to regular action, after missing pretty much the whole season so far with a succession of niggling injuries, FPL managers are being confronted with the difficult decision of when - or whether - to transfer him into their squads.
With Mo Salah having proved to be worthless this season, and - so far - Isak and Watkins having failed to stake any claim on our attention either, there really hasn't been much pressure on budget in the 2025/26 FPL season; but there is always some budget-pinch. (Player spending always expands to consume whatever funds you have available...) With Haaland still being, for now, that great rarity, a true FPL 'essential', and fiendishly expensive (especially if you didn't have him from the start of the season, but only acquired him after his price had begun to shoot up further!), and other moderately expensive players like Thiago and Woltemade and the top Arsenal or Palace defenders also having become 'must-haves' for most FPL managers, there isn't that much spare cash knocking around for anyone.
Hence, this really becomes a Saka/Palmer Conundrum: Bukayo Saka is the only similarly priced player, and one of the only midfielders at any price-point who's currently playing well and producing points; so, if you fancy acquiring Palmer, the only convenient pathway to him is to swap out Saka. There doesn't seem to be any reasonable way to afford both of them. And if you don't have Saka (rather surprisingly, only 21.5% of FPL managers do at the moment), it's still going to be awkward to juggle your budget around to accommodate such an expensive new acquisition as Palmer - probably requiring the use of multiple transfers (unless you had a lot of unspent money somehow swilling around in the kitty...).
Now, I am a huge fan of Palmer. And I do believe that he is a slightly 'better' player than Saka, both in real-world terms and for FPL purposes (though it's a foolhardy and unnecessary comparison - they are different types of player, with different strengths and weaknesses): Palmer has more variety in his game (though that's very largely down to how their managers make use of the two players), is more the principal playmaker (where Saka is merely a primus inter pares amongst many strong attacking options, and largely plays second-fiddle to Odegaard as the main creative force in the team), and - when really on song - is an even more prolific provider of both goals and assists.
But there's the crux of the matter. Palmer went through a long spell last year - most of the second-half of the season - where his FPL productivity fell off a cliff. It wasn't really his fault; the rest of the team had stopped performing around him. But that continues to be a problem with Chelsea: they can be astoundingly brilliant in individual games or short runs of games, but Enzo Maresca still doesn't seem to have been able to build any lasting consistency or resilience into their play. And that has continued to be the case this season, with embarrassing losses to the likes of Brighton, Manchester United, Sunderland and Leeds interspersed among some much more impressive performances.
So, even 'peak' Palmer might fail to produce very much if the rest of his team is misfiring. And after such an extended lay-off, it will surely take him a little while to get back to his best. He was pulled after less than an hour against Bournemouth last week, and was immediately given a precautionary rest again, rather than being brought along as a bench option for the Champions League game against Atalanta on Tuesday. He's not physically anywhere near 100% yet; and recovering full mental sharpness might take a bit longer still.
Furthermore, Chelsea's upcoming fixtures aren't the best from now through till the beginning of January: Newcastle and City away, and defensively solid Everton, Villa and Bournemouth at home.
For me, this is clearly a wait-and-see decision. In present circumstances, it would be far too much of a risk to go in for Palmer straight away, before he's shown that he's recovered his best form; and also far too disruptive of your existing squad, if you had to sacrifice Saka (or one or more of your other more expensive players) for him, and/or make multiple other changes to rebalance your budget. [Well, damn, he did immediately come up with a very nice goal against Everton in Gameweek 16. But he said afterwards that he's still recovering from the groin problem, and he was again withdrawn a few minutes shy of the hour-mark. So, I stand by my assessment here that he's probably still some weeks away from being anywhere near his best again.]
Saka might prove to be expendable - though largely because there are so many rival claimants to a squad place from the limited club quota at Arsenal. Their defence is so superior to every other team's that we'll probably all want Gabriel again as soon as he's back, while also hanging on to another of their defenders (most probably Timber or Calafiori). Rice is looking like he could be a more consistent midfield points-producer than Saka this year. And there will probably be other attacking options - Trossard, particularly, but also perhaps Havertz or Merino or Martinelli on occasion - who merit consideration for short spells when they hit a scoring streak.
Saka, although he's been playing very well, hasn't yet produced the big points that we've often seen from him in the past (especially in the opening third of last season). And maybe he won't - as Arteta usually imposes a very limited and disciplined role on him, out wide on the right; and, as opponents get more used to these patterns of attack, they defend against them better, often double-teaming the tricky Saka when he gets near the box.
I have a feeling that Saka is on the brink of exploding again in FPL: and today's game against Wolves would be a prime opportunity for him to do so! But I suspect that, this season, he will probably only contribute big FPL points in short 'hot streaks' - and we might find ourselves looking to move him in and out of FPL squads to take advantage of these, rather than relying on him as a long-term hold. Indeed, even when on such a hot streak - even when he's producing better than Palmer - we might still find ourselves able to do without him, because there are three or more Arsenal players who are even more worth having in those games.
I also think that Palmer will recapture his best form again at some point this season, possibly quite soon. And when he does, he'll probably be more worth having than Saka - or anybody else. But..... NOT YET. Wait and see.