Wolverhampton Wanderers have extended the contract of their youngster, Pedro Neto, until June 30, 2027, a few weeks after he returned from a knee injury that kept him out of football for 10 months.
Pedro Neto who turned 22-year-old today, March 9, 2022, signed the five-year deal after featuring in Wolves’ last three games that ended in straight defeats.
Recall that Wolves suffered 2-1 defeat at the hands of Arsenal on February 24, 1-0 defeat at the hands of West Ham United on February 27, and 0-2 defeat at the hands of Crystal Palace on March 5.
Even though Pedro Neto is injury prone and has not grown to become a game-changer, Wolves believe that he is the future of the club.
Wolves technical director Scott Sellars said: “It’s a deserved reward for him. He’s returned from injury and put in a lot of hard work to get back, so it’s good for all parties.
“It’s a no-brainer for the club to retain its talent and hopefully it was a no-brainer for Pedro to stay longer.”
While the coach of the club, Bruno Lage Sellars added: “It was difficult for him, he had a setback along the way, but as Pedro always does, he got his head down and worked hard with a smile on his face.
“He’s committed to being the best he can be and that shows with how quickly he’s got back into his groove, but we think there’s a lot more to come.
“He’s been out for a long time, but we’ve got no doubt he’ll be back to the Pedro we know, whether that’s towards the end of the season or the start of the next one, there’s no rush. We just want to make sure he has minutes and is developing.”
🗣 "I'm happy twice, it was his birthday, he recovered and he renewed his contract."— Football Daily (@footballdaily) March 9, 2022
Bruno Lage says Pedro Neto is a ver important player to the team after he committed his future to Wolves with a new contract pic.twitter.com/PQUpIHmgwk
🗣 "To be the top of the top, you need to be there every day."— Football Daily (@footballdaily) March 9, 2022
Bruno Lage on the standards that Pedro Neto sets the players around him at the age of just 22 pic.twitter.com/uM47aONk93
What are the stats that made Wolves offer Pedro Neto a five-year contract extension?
Pedro Neto started his professional football career at SC Braga on July 1, 2017. He joined Lazio on loan on August 31, 2017. The Italian club paid a €7.50 million loan fee to Braga for his services.
The 22-year-old Portuguese winger signed a permanent deal with Lazio on July 1, 2019. Lazio paid Braga €11 million for Neto’s signature.
Neto spent less than a month at the club before Wolves decided to pay the sum of €17.90 million for his services on August 2, 2019.
Since then, the Portuguese football star has scored 10 goals and provided 11 assists in 83 games in all competitions.
After extending his contract with Wolves, Neto said: “I’m very happy because it’s felt like home here and I want to continue here,” Neto told the club’s website.
“I want to work a lot to conquer things with this club because we have the potential to do this kind of stuff.”
The full story as Pedro Neto commits to five more years at the club.— Wolves (@Wolves) March 9, 2022
His form at Wolves helped him to make his international debut with Portugal’s national team on November 11, 2020. Since then, he has made three international appearances in which he scored a goal.
What is Pedro Neto’s salary at Wolves?
At the time of publishing this report, the financial implication of his new deal with Wolves has not been made public.
But based on the contract he signed with the Premier League club in August 2019, the Portuguese star earns 1.5 Million Pound per year at Wolves. His weekly take home his £28,428.
According to reports, Pedro Neto’s net worth is 7.6 Million Pound. The 22-year-old Portuguese star is yet to reveal who he is currently dating.