Arsenal and Liverpool will have to fork out £60 million to acquire the services of 23-year-old Wolves forward Pedro Neto.

According to a report by Football Insider, Arsenal and Liverpool are all set to battle it out for the services of Pedro Neto. Both clubs are keen on reinforcing their attack in the summer and they feel the Portuguese international could be a great addition to their ranks.

Meanwhile, Wolves are ready to sanction his exit but only on their own terms. They are looking for a fee of around £60 million to let the 23-year-old leave. His departure could be a big boost for their financial situation and those funds could help them reinforce their squad as a whole.

Neto’s impressive rise at Wolves

Neto made the move to England back in the summer of 2019 as a huge prospect. The Portuguese international has made huge progress over the years. While he prefers playing on the right flank, the 23-year-old is capable enough to feature anywhere in attack.

An Injury did keep him out from quite a few matches but Neto has managed to hit the ground running since returning to the mix in December. In his 18 appearances this season, the Portuguese winger has contributed towards 13 goals.

The 23-year-old has bagged 10 assists so far, he has been quite impressive out wide as well as in a more central role. His impressive performances, versatility and huge potential attract attention from across Europe.

Liverpool and Arsenal to battle it out for Neto’s signatures

Liverpool and Arsenal are two Premier League clubs keen on his signatures. The Gunners do have Bukayo Saka in their ranks but they do need more depth on the right flank. They are keen on having Neto in their ranks because he can cover for Saka and can also feature as a striker or on the left flank if needed.

As far as the Merseyside club are concerned, they are looking to sign someone who can replace Mohamed Salah in the long run. Salah has been linked with a move to the Middle East and there is a possibility that he could end his stint at Liverpool in the summer.

If he does leave, the Reds will be in need of a new right winger and Neto is a top target for them. While Arsenal and Liverpool are both keen, Wolves are the ones in the driving seat.

He last signed a new deal back in 2022 and he still has over three years left on his contract. With years left on his deal, Wolves are seeking a massive fee for his services. They will only sell him for a fee of between £50-60 million.

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