AC Milan has made an inquiry about Chelsea's 26-year-old winger Pedro Neto, identifying him as a potential replacement for Rafael Leao, who is set to leave the club. Manchester City are reportedly in the strongest position to sign the player, while Saudi club Al Hilal is also interested. However, Neto has supposedly informed his agent, Jorge Mendes, that his preference is to continue competing in Europe. Chelsea's new manager, Xabi Alonso, does not want the Portuguese international to leave.
The player has 30 caps and 3 goals for his country. The club has valued him at £70 million, although a sale could be necessary to comply with financial rules and reduce their large squad size. Neto joined Chelsea in August 2024 and has a contract until 2031. According to Transfermarkt, his current market value is €60.00m. Recent reports from July 2026 suggest Chelsea's asking price has risen to over €100 million, while other reports from the same month indicate an expected price of approximately €80m was discussed internally.
