The Portugal winger will undergo a medical before finalizing his move to Stamford Bridge, which will push Chelsea’s summer spending over £200 million.
Chelsea reached an agreement with Wolves for an initial €60 million plus €3 million in add-ons after having two earlier bids rejected.
The club’s previous offers, which included player exchanges and cash, were turned down earlier this week.
Pedro Neto, 24, has made 135 appearances and scored 14 goals since joining Wolves from Lazio in 2019.
If the transfer goes through, Neto will become Wolves’ record sale, surpassing the £47 million received from Ruben Neves’ move to Saudi Arabia’s Al-Hilal last summer.
KanyiDaily recalls that Chelsea recently signed attacking midfielder, Omari Kellyman from Aston Villa on a six-year contract.
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