Chelsea FC have agreed to sign Portuguese winger, Pedro Neto from Wolves for a fee of £54 million
According to The Athletic, the deal was reached earlier on Friday.
On Friday, Chelsea agreed to pay an initial £51.4m payment and a further £2.6m (€3m) in add-ons.
The player is understood to be travelling to London for a medical now.
Neto was previously linked with Arsenal, Man City, Liverpool and Tottenham.
But Chelsea has stolen a march on their Premier League rivals and will add the Portugal forward to their attack.
Chelsea will play Manchester City in the opening match of the next season coming up next Sunday.
