Manchester City deem £80 million asking price by club as ‘excessive’ for primary summer transfer target

Recruitment bosses at Manchester City have reportedly deemed an asking price for one of their summer transfer targets as ‘excessive’, according to new claims.

That concerns Pedro Neto of Wolves, with Manchester City understood to be significant admirers of the player’s talents as they look to reshape their squad during the forthcoming summer transfer market.

Alongside City’s search for new options in the centre of the park, Pep Guardiola is likely to be open to the idea of fresh names and options in other areas of the pitch, especially those who can be versatile across a number of positions.

However, it seems as though Manchester City will have to sanction a significant outlay of funds should they wish to solidify their admiration for Pedro Neto, with the Molineux club pointing towards an outstanding valuation.

That is according to the information of FootballTransfers’ Steve Kay, who reports that Wolverhampton Wanderers’ €94 million/£80 million valuation of Neto has been regarded as ‘excessive’ by Manchester City.

Alongside the negative of the player’s valuation at Molineux, and while Neto was viewed by Manchester City as a ‘key transfer target’ for the upcoming summer earlier this year, FootballTransfers now state that the winger’s injury record is a ‘problem’.

Nevertheless, the report clarifies that a summer move to Manchester City is not out of the question for Pedro Neto, although Etihad Stadium officials are ‘extremely unlikely’ to pay Wolves’ current aforementioned asking price.

City strengthened in forward roles just last summer, with Etihad Stadium officials opting to spend big on the signing of Belgium international Jeremy Doku from Stade Rennais, adding a very different option into their forward line.

Doku has had a mixed start to life for the Sky Blues, offering strong numbers in the goal contributions department, but also struggling to displace his competition in wide roles at different points this season.

At present, it remains largely unknown how Manchester City see Pedro Neto fitting into their existing operation should they secure the player’s signature. However, their relations with Wolves could benefit them should they wish to pursue his services more strongly.