Chelsea have confirmed that forward Joao Pedro has signed a new contract until 2034 that includes a pay increase. Earlier this summer, Barcelona were interested in Joao Pedro in their search for a new striker. There were also brief and unlikely links with Premier League rivals, primarily Arsenal. Chelsea insisted all summer that Joao Pedro is not for sale at any price.

In recent weeks, Chelsea rejected bids from Paris Saint-Germain for Joao Pedro, a 24-year-old Brazilian forward who is considered non-transferable. The player has 8 caps for Brazil. He joined Chelsea from Brighton in July 2025 for a fee reported to be between €64 million and €70 million and is under contract until 2033. According to Transfermarkt, his current valuation is €80.00m. In addition to PSG, FC Barcelona and Arsenal have also been linked with the forward. Recent reports from May 2026 suggested Chelsea's asking price was between €100 million and €120 million.