Wolves star set to leave for Premier League rivals

A fee has been agreed at £51.4million, with £2.57million in bonuses, as Neto is finally set to depart after a long summer of speculation in which several top clubs have been linked with the Portuguese international.

It is understood Neto is keen to join the London club and contract negotiations will not delay the signing, with a medical due soon.

The fee, including bonuses, will add up to just under £54million and eventually make Neto Wolves' record transfer sale.

The previous record was the £53million Wolves received from Manchester City for Matheus Nunes last summer.

The Express & Star understands Spurs and Chelsea both had player-plus-cash offers for Neto rejected by Wolves, with Spurs' offer including midfielder Oliver Skipp.

Wolves then rejected another cash offer from Chelsea before agreeing to this final fee.

Neto enjoyed a starring role last season and eventually made the Portugal team for the Euros, but he did suffer two serious hamstring injuries that kept him sidelined.

Neto has suffered from several serious injuries since signing for Wolves in 2019, including knee and ankle knocks.

Now, the 24-year-old is closing in on a departure from Molineux.

Wolves are expected to replace Neto and are working on attacking targets to reinvest the money.

Ajax forward Carlos Forbs is one of many options Wolves are considering this summer, following Neto's expected departure.

The 20-year-old Portuguese forward, who was previously in the Manchester City academy, joined Ajax last summer.

However, the fee the Dutch club are demanding may block any Wolves move.