Chelsea have completed the signing of Portugal forward Pedro Neto from Wolverhampton Wanderers on a seven-year contract, the West London club said on Sunday.
Chelsea reportedly paid £54 million ($69 million) including add-ons for the 24-year-old who began his career in the youth system of Braga.
Pedro 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 Euro 2024 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,” Pedro 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 Aug. 18.