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.
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The Blues will pay an initial £51.3m for Neto, with a further £2.6m in add-ons.
The transfer is a record sale for Wolves, eclipsing the £47m they received from Saudi Arabia’s Al-Hilal in 2023 for Ruben Neves.
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