Chelsea have set a £70 million valuation on winger Pedro Neto as interest from Manchester City intensifies ahead of the upcoming transfer window. The 26-year-old Portuguese forward was instrumental for Chelsea last season, contributing five goals and six assists across 34 appearances.

Neto’s potential departure could see him reunite with former Chelsea manager Enzo Maresca, who currently holds a position at Manchester City. Alongside the English club, Italian side AC Milan is also reportedly monitoring the player’s situation.

Despite the external interest, Chelsea maintain a firm stance on Neto’s future. The player is under contract until 2031, and the club is in no immediate hurry to negotiate a sale. Any transfer would likely require Chelsea to identify and secure a suitable replacement before agreeing to let Neto leave Stamford Bridge.

Manchester City’s willingness to meet Chelsea’s asking price remains uncertain. As discussions continue, the prospect of Neto moving between Premier League rivals could become a significant storyline in the forthcoming transfer period.