Pedro Neto set to join Chelsea Getty Images Chelsea have reached an agreement with Wolverhampton Wanderers for the transfer of Portuguese winger Pedro Neto, valued at €63 million (£54 million). The deal includes an initial payment of €60 million plus €3 million in add-ons. The 24-year-old forward will undergo a medical at Stamford Bridge before finalising the move, which will push Chelsea's summer spending past £200 million. Since joining Wolves from Lazio in 2019, Pedro Neto has made 135 appearances and scored 14 goals. If completed, this transfer will set a new record for the highest sale in Wolves' history, surpassing the £47 million received for Ruben Neves' move to Al-Hilal last summer.