Bamford is one of the best young players in England at the moment and was in superb form for Middlesbrough during his loan spell in the recently concluded 2014-15 season.
The 21-year-old scored 16 goals and created 28 chances in 40 Championship appearances, firing Boro to the playoff final in the process.
The England Under-21 international had a pass accuracy of 70% and a shot accuracy of 51%, and he won 39 headers, 17 dribbles and 12 tackles.
Bamford is now back at his parent club Chelsea, and Cole has pointed out the big decision he has to make over his future this summer.
“He just has to make up his mind next season what does he want to do?” the former Newcastle United and Sunderland striker wrote on Kicca.com. “Does he want to stay a Chelsea for another four or five seasons and be on the verge?
“Or does he want to say to himself ‘right, I need to move on this summer’, get in someone else’s first team and start getting more experience and playing more games?
“You get to a certain age, you have to make those choices and he’s got to make that decision sooner or later.
“It’s very easy to stay at a big club, but then you have to look at yourself and say right, where do I see myself?”
Bamford’s performances for Middlesbrough showed that he is ready to be given a chance at Chelsea, but the problem is that he will not be considered a first-choice striker rightaway.
Spain international Diego Costa is Chelsea’s number one striker, and it is going to stay that way next season.
Loic Remy is currently the second choice at the Blues, which means that Bamford will be the third choice as things stand (Didier Drogba is already on his way out).
What Bamford can hope for at Stamford Bridge in the 2015-16 campaign is to become the second-choice striker, but for a player of his quality and given the progress he made last season it is not going to be enough.
Perhaps the best option for Bamford is to go out on loan to a Premier League club where he will get more chances that he would at Chelsea.