Chelsea have reached a £54 million agreement with Wolves for the signing of Pedro Neto.
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The deal, finalized on Friday, August 9 2024 consists of an initial payment of £51.4 million plus £2.6 million in potential add-ons. Neto is expected to undergo a medical in London soon.
The Portuguese winger, who featured prominently for Wolves last season with three goals and 11 assists despite a hamstring injury, has also attracted interest from Tottenham this summer.
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Neto, who has been capped 10 times for Portugal and included in their Euro 2024 squad, will join Chelsea’s growing list of summer signings, which includes Cole Palmer, Noni Madueke, Mykhailo Mudryk, and Raheem Sterling.
Neto will become Chelsea’s ninth addition of the transfer window. The Blues are also on track to sign Atlético Madrid striker Samu Omorodion for £34.5 million, with midfielder Conor Gallagher expected to move in the opposite direction in a separate £36 million deal.
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