---
title: "Chelsea slap £100m price tag on Neto amid Man City interest"
canonical: "https://readmancity.com/2026/08/18/man-city-pedro-neto-chelsea-100m-price-tag/"
type: "post"
language: "en-GB"
author: "Gary Gowers"
section: "Man City News"
published: "2026-08-18T12:34:07Z"
modified: "2026-08-18T12:35:06Z"
---

# Chelsea slap £100m price tag on Neto amid Man City interest

**Chelsea have placed a £100m valuation on Pedro Neto, with [City](https://readmancity.com/) among the clubs showing interest, sources have confirmed to [TEAMtalk’s Graeme Bailey](https://x.com/GraemeBailey/status/2089685479302025404?s=20).**

Al-Hilal and Tottenham are also credited with interest in the Portugal winger, though Chelsea are not believed to be actively looking to sell and are yet to receive a formal bid from any of the three.

The figure represents a huge return on the roughly £54m Chelsea paid Wolves for Neto in 2024.

The valuation comes amid conflicting reports over City’s exact position — some accounts in the last 24 hours suggested City had already stepped back from the race over Chelsea’s asking price, with Al-Hilal viewed as favourites for Neto’s signature and City instead turning attention to a potential Savinho departure.

TEAMtalk’s report suggests City’s interest remains live regardless.

Neto has featured heavily in pre-season since returning from his World Cup break with Portugal, starting all five of their games at the tournament before their last-16 exit.

Whether Xabi Alonso’s Chelsea can be moved off their asking price remains to be seen, with the winger valued as a key piece of their attack under the new head coach.

For the latest on City’s business this summer, see our [Man City transfer tracker](https://readmancity.com/2026/08/17/man-city-2026-summer-transfer-tracker-every-deal-live/).