Chelsea agrees a £54m deal with Wolves to sign winger Pedro Neto.

The deal, which was agreed on Friday, is broken up into an initial £51.4m payment plus £2.6m in add-ons.

The player is understood to be travelling to London for a medical. Neto has also been of interest to Tottenham this summer.

Neto had an excellent season for Wolves last season, scoring three goals and registering 11 assists in an injury-hit campaign which saw him miss three months of the season with two different hamstring blows.

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