Chelsea have completed a £54m deal to sign Pedro Neto from Wolves. The payments are broken up into an initial £51.4m plus £2.
6m in add-ons , with the forward signing a seven-year deal. With three goals and 11 assists, Neto - who was also of interest to Tottenham this summer - showed some excellent form for Wolves last season, despite suffering two different hamstring injuries and missing three months of action. The Portuguese winger, who has been capped 10 times by his country and was named in their Euro 2024 squad, is set to join Cole Palmer, Noni Madueke, Mykhailo Mudryk and Raheem Sterling as wide options ahead of the new season.
Neto is Chelsea's ninth summer signing - with Kiernan Dewsbury-Hall, Filip Jorgensen, Omari Kellyman, Aaron Anselmino, Renato Veiga, Caleb Wiley, Marc Guiu and Tosin Adarabioyo adding to Enzo Maresca's squad for the new season. Trending The Blues are also set to sign Atletico Madrid striker Samu Omorodion in a £34.5m deal, with midfielder Conor Gallagher set to move in the opposite direction in a separate £36m transfer.
Chelsea have also held an interest in Celtic midfielder Matt O'Riley as a potential replacement for Gallagher. Also See: Transfer Centre LIVE! Papers - latest headlines Stream Sky Sports with NOW Download the Sky Sports App Why have Chelsea signed Neto? Sky Sports' Sam Blitz: If Maresca is going to build his Chelsea team in a similar mould to Pep Guardiola at Man City and Mikel Arteta at Arsenal, then Neto was a must-buy. Both.