Before completing his move to Stamford Bridge, the Portugal winger will undergo a medical examination, pushing Chelsea’s summer spending above £200 million. After two bids were turned down, Chelsea eventually reached an agreement with Wolves for an original 60 million euros plus 3 million euros in add-ons. Earlier this week, the Blues’ player-plus-cash agreement was knocked down, and on Thursday night, a straight cash offer was also turned down.
Since moving from Lazio in 2019, the 24-year-old has made 135 appearances and scored 14 goals. If the deal goes through, Neto will become Wolves’ highest-ever sale, surpassing Ruben Neves’ £47 million summer transfer to Al-Hilal in Saudi Arabia.