Joe Cole Slams Chelsea’s £100m Asking Price For Pedro Neto

Joe Cole Slams Chelsea’s £100m Asking Price for Pedro Neto

Chelsea legend Joe Cole has criticised the club’s reported £100 million asking price for Pedro Neto, describing the valuation as “ridiculous” and insisting that few sensible clubs would be willing to pay such a fee. Speaking to Paddy Power, Cole said he rates Neto highly but believes the Portuguese winger’s market value is significantly below Chelsea’s reported demand. He estimated Neto’s worth at around £50 million to £60 million. The former England international suggested that clubs from Saudi Arabia could potentially afford Chelsea’s valuation, but questioned whether Manchester City, who have been linked with Neto, would be prepared to meet the £100 million figure. Despite his criticism of the price, Cole praised Neto’s qualities, describing him as a versatile and experienced Premier League player capable of operating on either wing and even at wing-back. Neto joined Chelsea from Wolverhampton Wanderers last summer and has since become an important attacking option at Stamford Bridge. His potential availability has attracted interest from Manchester City as the Premier League transfer window approaches its conclusion. Chelsea must now decide whether to maintain their high valuation or keep Neto as part of their plans for the new season.