Chelsea sign £54m Neto from Wolves
Chelsea have completed a £54m move for Wolverhampton Wanderers forward Pedro Neto.
The 24-year-old has signed a seven-year deal with the Blues until 2031.
The Portuguese forward was presented to supporters at Stamford Bridge on Sunday at half-time during a friendly against Italian side Inter Milan.
“I feel really grateful to have joined this club,” said Neto.
“I have worked really hard in my career to be here and I’m looking forward to getting on the pitch with this shirt.”
Chelsea struck a deal with Wolves on Friday after having two bids rejected.
The Blues will pay an initial £51.3m for Neto, with a further £2.6m in add-ons.
Neto, who joined Wolves from Lazio in 2019, scored 14 goals in 135 appearances in the west Midlands.