Pedro Neto is expected to leave Wolves in the summer.
The 23-year-old Portuguese attacker has been in fine form for Wolves this season registering three goals and ten assists across all competitions.
Mikel Arteta is keen to add a forward in the summer and has been a long-time admirer of Pedro Neto.
Liverpool and Tottenham Hotspur are also in the race for the Portuguese international and will cost heavily this summer.
It is reported that Wolves are demanding around €93m during the summer market and only time will tell if clubs are willing to match that asking price.
He has a contract with the English club until the summer of 2027 and clubs will have to shell out a premium to sign him.
Neto has become one of the most exciting players in the Premier League this season and could give stiff competition to the likes of Bukayo Saka and Gabriel Martinelli.
He will add creativity and also would be willing to compete at a high level and challenge for trophies.
Wolves have to sell a few players in the summer to adhere with the Financial Fair Play regulations.
They are seeking an exorbitant fee for the Portuguese star and will only sell him for a fee of between £60-70 million.
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