Neto joins Chelsea from Wolves for reported £54M as spending spree continues

Chelsea introduced the signing of Portuguese winger Pedro Neto from Wolves on Sunday for a reported charge of £54 million (60 million euros, $65 million).

Neto has signed a seven-year deal and can value an preliminary £51 million with an extra £3 million in add-ons, in keeping with stories.

The 24-year-old turns into the Blues’ ninth signing of one other busy switch window for the London membership since a takeover two years in the past by a consortium fronted by LA Dodgers co-owner Todd Boehly.

Chelsea have now spent round £185 million up to now few months, a lot of which has been splashed on prospects for the long-term.

In contrast, Neto is predicted to go straight into Enzo Maresca’s first staff plans forward of their Premier League opener at dwelling to Manchester Metropolis subsequent weekend.

“I really feel actually grateful to have joined this membership,” mentioned Neto in a membership assertion.

“I’ve labored actually arduous in my profession to be right here and I’m wanting ahead to getting on the pitch with this shirt.”

Neto was paraded to the house crowd at half-time of Chelsea’s pre-season pleasant in opposition to Inter Milan at Stamford Bridge on Sunday.

He joined Wolves in 2019 from Lazio and scored 14 objectives in 135 appearances, however his time at Molineux was additionally blighted by damage issues.

“Everybody is aware of the participant Pedro is – he’s a world class winger who has been so unfortunate with accidents, so we’ll miss him on the pitch clearly,” mentioned Wolves’ sporting director Matt Hobbs, after receiving a membership report charge.

“The deal is one which works for us and Pedro, however under no circumstances does it make it any simpler.”