Newcastle United slapped with £60m price tag for ‘mouth-watering’ Miguel Almiron replacement

Newcastle United must stump up £60million to sign Wolverhampton Wanderers star Pedro Neto this summer, according to reports.

Capable of playing anywhere across the front three, the 24-year-old has shone despite playing for a Wolves side that ultimately finished 14th. Neto suffered a hamstring injury against Newcastle on October 28 but, until that point, he was top of the Premier League’s assist charts.

That setback ruled him out for nine fixtures and, just as the winger got back in the groove, he was dealt another hamstring blow. Neto’s second absence coincided with Wolves winning just one of their final 10 games.

Injuries have plagued the Portuguese international’s time at Molineux since arriving in 2019. Neto has made just 51 Premier League appearances in his last three seasons - a cause for concern despite his talent.

The Telegraph claim Newcastle and Manchester City are rivalling each other for his signature but Wolves have slapped down a £60million price tag. That would make him the Magpies’ second-highest-ever transfer - after Alexander Isak.

Toon chiefs are understood to be targeting a right-sided attacker this summer. Miguel Almiron is likely to be moved on, with Jacob Murphy the only experienced first-team option.

Neto would be considered a mouth-watering improvement but question marks remain about his fitness. Speaking after returning to action as a late substitute in Wolves’ final-day defeat to Liverpool, the forward hailed manager Gary O’Neil for his work throughout the campaign.

“We have to thank him a lot because most of the players have improved individually,” Neto said. “There was an unbelievable improvement after he came in and we should be thankful for him. The little details made a big difference.

“We cannot be happy with 14th place but the start to the season was how it was. The performances this season showed we can do more.”