Palle Petersen (born 1 June 1959) is a Danish former footballer who played as a goalkeeper.
Petersen was born in 1959 in Denmark. He operated as a striker as a child.
Petersen started his career with Danish side AB. In 1985, he signed for Danish side B 1903. In 1992, he signed for Danish side FCK. He helped the club win the league. In 1994, he signed for Danish side Lyngby.
Petersen was nicknamed "Plankeværk". He is the father of Danish footballers Kenneth Emil Petersen and Christian Emil Petersen.