Premier League: Chelsea signs Portuguese forward Neto from Wolves on a seven-year contract

Financial details were not disclosed by either club, but British media reported that Chelsea had paid 54 million pounds ($69 million) including add-ons for the 24-year-old.

Pedro Neto joins Chelsea on a seven-year contract. | Photo Credit: REUTERS

Chelsea has signed Portuguese winger Pedro Neto from Wolverhampton Wanderers on a seven-year contract, the West London club said on Sunday.

Financial details were not disclosed by either club, but British media reported that Chelsea had paid 54 million pounds ($69 million) including add-ons for the 24-year-old.

Neto made 135 appearances for Wolves, scoring 14 goals and providing 24 assists since joining from Portuguese side Braga in 2019. He also had a loan spell at Serie A club Lazio.

He has earned 10 caps for Portugal and featured in all three of their group-stage matches at the European Championship in Germany.

“I feel really grateful to have joined this club. I have worked really hard in my career to be here and I’m looking forward to getting on the pitch with this shirt,” Neto said in a statement.

Chelsea have signed nine players in the close-season transfer window so far. They host Manchester City in their Premier League opener on August 18.