Chelsea have completed the signing of Pedro Neto from Wolverhampton Wanderers, the west London club announced on Sunday.
The Portuguese winger signed a seven-year contract with his new club and was presented to fans at Stamford Bridge during half-time of Chelsea's 1-1 draw with Inter Milan in a pre-season friendly.
“I feel very grateful to have joined this club,” Neto said in a statement. “I have worked very hard in my career to be here and I am looking forward to stepping onto the pitch in this shirt.”
Neto, 24, takes Chelsea's summer spending past the £200m mark after joining on a deal worth £51.3m ($65.5m).
The club have already signed Omari Kellyman from Aston Villa, Tosin Adarabioyo from Fulham, Marc Guiu from Barcelona, Kiernan Dewsbury-Hall from Leicester City, Renato Veiga from Basel, Caleb Wiley from Atlanta United, Filip Jörgensen from Villarreal and Aaron Anselmino from Boca Juniors.
Chelsea begin their 2024-25 Premier League campaign under new manager Enzo Maresca against Manchester City on Sunday.
