Premier League > Chelsea > Chelsea Secures Pedro Neto in €63m Deal

Chelsea Secures Pedro Neto in €63m Deal

GELSENKIRCHEN - (front row l-r) Joao Neves of Portugal, Pedro Neto of Portugal, Joao Felix of Portugal, Francisco Conceicao of Portugal (back row l-r) Portugal goalkeeper Diogo Costa, Danilo of Portugal, Antonio Silva of Portugal, Antonio Silva of Portugal, Joao Palhinha of Portugal, Diogo Dalot of Portugal, Cristiano Ronaldo of Portugal during the UEFA EURO 2024 group F match between Georgia and Portugal at Arena AufSchalke on June 26, 2024 in Gelsenkirchen, Germany. ANP | Hollandse Hoogte | Gerrit van Keulen
© Alamy / ANP

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Chelsea and Wolverhampton Wanderers have finalized the transfer of Portuguese winger Pedro Neto. The total transfer fee amounts to €63 million, including €60 million upfront and an additional €3 million in performance-related add-ons. The 24-year-old winger, known for his versatility and speed, has been a standout player for Wolves since his arrival in 2019.

  • Chelsea has completed the transfer of Pedro Neto from Wolverhampton Wanderers.
  • The total transfer fee is €63 million, with €60 million upfront and €3 million in add-ons.
  • Neto’s contract with Wolves was set to expire in 2027.

Pedro Neto’s Career Journey

Pedro Lomba Neto began his career at SC Braga, where he honed his skills from 2013 to 2017. He then moved to SS Lazio, making a brief stint in Serie A with four appearances. In 2019, Neto joined Wolverhampton Wanderers, where he truly made his mark. During his time at Wolves, Neto made 111 Premier League appearances, scoring 12 goals and providing 20 assists. His contributions extend to other competitions, including the FA Cup, Europa League, and EFL Cup.


His international career with Portugal has also been noteworthy. Neto has earned 10 caps and scored one goal for the senior national team. He has represented Portugal at various youth levels, showcasing his talent and potential.

Chelsea’s Transfer Strategy

Neto’s transfer aligns with Chelsea’s strategy of strengthening their forward line with youthful talent. This move follows the recent signing of Samu Omorodion, a promising centre-forward from Atlético Madrid. Chelsea’s intent to bolster their attacking options is evident as they prepare for the upcoming season. The club’s investment in young, dynamic players like Neto signals their ambition to compete at the highest level.

For more details on Chelsea’s transfer activities, check out their recent signing of Samu Omorodion and the club’s preparations for his medical in Paris:

Pedro Neto’s arrival at Stamford Bridge promises to energize Chelsea’s squad as they aim for success in domestic and European competitions. His ability to create and convert opportunities will be crucial in Chelsea’s quest for silverware.

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