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Manchester City, Newcastle United 'learn Pedro Neto asking price'

Man City, Newcastle 'learn Pedro Neto asking price'
© Reuters
Wolverhampton Wanderers reportedly set an asking price for winger Pedro Neto, who has been linked with the likes of Manchester City and Newcastle United.

Wolverhampton Wanderers have reportedly reached a decision over the asking price of Pedro Neto.

The 24-year-old has just endured another injury-hit campaign for the West Midlands outfit, suffering two separate hamstring issues.

As a result, the Portugal international has been limited to 18 starts and two substitute outings in the Premier League, with the playmaker able to make his latest return in the final game of the season at Liverpool.

However, Neto's season, at least in terms of his numbers, can be viewed as a positive one, with two goals and nine assists coming from just 1,521 minutes of top-flight football.

Despite sitting out half the season, Neto finished just four assists shy of Ollie Watkins (13) in first place, highlighting his effectiveness for Wolves.

Brighton & Hove Albion's Lewis Dunk in action with Wolverhampton Wanderers' Pedro Neto on January 22, 2024© Reuters

Summer transfer remains a possibility

In his last three campaigns, Neto has failed to make more than 20 appearances in the Premier League, numbers which indicate that any interested clubs may be taking a risk if they choose to firm up their interest.

Nevertheless, they are also aware that Wolves are not in the most favourable position when it comes to the Premier League's Profit and Sustainability Rules.

According to The Telegraph, owners Fosun International are willing to do business at £60m if any club expresses the intention to make a formal bid.

The report suggests Wolves are unwilling to budge on that stance, particularly when Neto still has three years on his contract.

Manchester City manager Pep Guardiola reacts on May 4, 2024© Reuters

Manchester City, Newcastle United monitoring the situation

Each of Premier League champions Manchester City and Newcastle United are allegedly contemplating whether to make a move for Neto.

Both teams are currently well stocked for players who can operate on the flanks, throwing into doubt whether they would be willing to meet Wolves' demands.

That said, Man City may be prepared to cash in on the likes of Jack Grealish should a suitable offer arrive, while Newcastle would have money to reinvest if they sold either Bruno Guimaraes or Alexander Isak.

Neto's overall Premier League record reads 11 goals and 20 assists from 111 appearances, not necessarily the numbers that keep Wolves in a strong position to recoup £60m.

On the flip side, Gary O'Neil does not want to lose one of his key players and could generate funds from elsewhere, such as through Yerson Mosquera and Fabio Silva, if he wishes to make any notable additions.

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TeamPWDLFAGDPTS
CManchester CityMan City38287396346291
2Arsenal38285591296289
3Liverpool382410486414582
4Aston Villa382081076611568
5Tottenham HotspurSpurs382061274611366
6Chelsea381891177631463
7Newcastle UnitedNewcastle381861485622360
8Manchester UnitedMan Utd38186145758-160
9West Ham UnitedWest Ham381410146074-1452
10Crystal Palace381310155758-149
11Brighton & Hove AlbionBrighton381212145562-748
12Bournemouth38139165467-1348
13Fulham38138175561-647
14Wolverhampton WanderersWolves38137185065-1546
15Everton38139164051-1140
16Brentford38109195665-939
17Nottingham ForestNott'm Forest3899204967-1832
RLuton TownLuton3868245285-3326
RBurnley3859244178-3724
RSheffield UnitedSheff Utd38372835104-6916


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