Chelsea FC's valuation of Pedro Neto at £100m has raised eyebrows, with former Blues attacker Joe Cole calling it 'ridiculous'. Neto, 26, has been linked with an exit from Stamford Bridge, with Manchester City reportedly interested.
What's behind the valuation?
The Blues' asking price is nearly double Neto's realistic market value, according to Cole, who values him at around £50-60m.
Why it matters for Chelsea FC
Chelsea FC are preparing for their Premier League opener against Fulham on August 24, following a mixed pre-season with 3 wins and 2 losses. The team finished 10th in the 2025 table with 52 points, and are looking to improve on their trophyless 2025-26 campaign.
What comes next?
With no continental football to contend with this campaign, the Blues will be active in only three competitions - the FA Cup, EFL Cup, and the Premier League. They are currently 33 points behind leaders Arsenal, and have scored 58 goals, conceding 52, with a goal difference of +6. Jordan Henderson is currently sidelined, but the team is hopeful of a strong start to the season.
