There is currently a significant gap in valuation between Manchester City and Chelsea over a potential deal for Pedro Neto.
Chelsea have no plans to reduce their financial demands for the Portuguese winger, meaning City would need to meet the Blues’ valuation if they want to advance negotiations.
Softfootball reported earlier in July 2026 that Manchester City were considering a move for Neto as interest in the Portugal international continued to grow ahead of the new season.
Manchester City are not the only club monitoring the situation, with Liverpool and clubs in Saudi Arabia also linked with the 26-year-old.

Chelsea are fully aware that Neto has become one of the most sought-after wide players on the market and remain firm on their valuation as they assess offers for the winger.
Chelsea’s position remains clear: while interest is mounting from several clubs, Neto is highly valued, and any potential departure would require a significant offer