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Chelsea announced on Friday that they have extended Pedro Neto's contract, tying the Portuguese international to the London club until 2032.
The 26-year-old winger, who was linked with a summer exit, ultimately extends his stay at Stamford Bridge by an additional year.
Since joining the club two years ago from Wolves in August 2024, Pedro Neto has made 108 appearances and scored 40 goals.
Following the signing of his new deal, Pedro Neto expressed his satisfaction. "It's an unbelievable moment," the player told the club's official website.
"Since I arrived, I've always felt that the people here have helped me a lot. I feel at home, I feel like I want to achieve more things here. I've had good moments, both as a group and individually, and now I want to have more of those moments. I'm very excited because I think we can achieve many things together," he added.
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