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Pedro Neto could still leave west London before Deadline Day, but any move will not come cheap.

Chelsea are understood to value the winger at close to £100m and are reluctant to consider a sale for anything less.

Standard Sport had previously reported that Chelsea were not actively trying to sell the 26-year-old this summer. It was also reported last month that the club had not held any concrete talks over a transfer for the player.

Neto has been heavily involved in pre-season since returning from his post-World Cup break. He started all five matches for Portugal as they were knocked out in the last 16, recording no goals and one assist.

Chelsea have still not received a formal bid for the player this summer. Reports last month claiming Tottenham had asked about Neto’s availability were disputed by sources close to both clubs.

Xabi Alonso tested Neto in a new position as Chelsea wrapped up their pre-season programme with a win over Real Sociedad, deploying him as a right wing-back in a back-three system. Whether that develops into a permanent role for him this season remains unclear.

Neto joined Chelsea from Wolverhampton Wanderers in 2024 for £54m and signed a seven-year contract. Since then, he has made 103 appearances for the club, registering 19 goals and 19 assists.

He was a regular in the Chelsea side throughout the difficult 2025/26 campaign, featuring 52 times.