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Arsenal could sign 'world-class' £50m star at the Emirates

Arsenal could secure Wolverhampton Wanderers winger Pedro Neto for ‘£50 million’ at this stage in the window, according to journalist Dean Jones.

The Gunners have been linked with a late move for the 22-year-old in recent weeks after identifying him as a potential replacement for record-signing Nicolas Pepe out wide.

David Ornstein of The Athletic reported earlier in the month that Neto had emerged as Arsenal’s ‘top target’ following lengthy discussions with his agent Jorge Mendes, who also has close ties to Wolves.

Any deal for the Portugal international was always likely to be difficult to complete, though, as he only put pen to paper on a new five-year contract at Molineux in March.

Football.London then provided a recent update on Neto’s situation, claiming that he ‘would be open to the move’ if Wolves were to accept a big-money offer from the north London outfit.

However, they also state that the deal is ‘unlikely’ to happen ahead of tonight’s 11 pm deadline as the Midlands outfit will not have enough time to source a suitable replacement.

Jones has informed GiveMeSport that Wolves have lowered their asking price for Neto but is sceptical over the chances of the deal actually happening.

He said: “It’s not going to be an easy one to do at this point. But I’m told that actually, it would be £50 million, earlier on in the week, I was told they would hold out for up to £60 million.

“But there seems to be a feeling that actually, Wolves would take £50 million for him at this point.

“So, if Arsenal are willing to throw that much money into the market in these late stages, then it can happen. But again, we’ve got to presume that it’s unlikely until they actually make that bid.”

So far this season, Bukayo Saka and Gabriel

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