Arsenal are unlikely to pay Wolves’ asking price for Pedro Neto this summer, despite their desire to sign a wide attacking player, according to David Ornstein.

BOURNEMOUTH, ENGLAND - OCTOBER 21: Pedro Neto of Wolverhampton Wanderers is challenged by Lloyd Kelly of AFC Bournemouth during the Premier League match between AFC Bournemouth and Wolverhampton Wanderers at Vitality Stadium on October 21, 2023 in Bournemouth, England. (Photo by Steve Bardens/Getty Images)
BOURNEMOUTH, ENGLAND: Pedro Neto of Wolverhampton Wanderers is challenged by Lloyd Kelly of AFC Bournemouth during the Premier League match between AFC Bournemouth and Wolverhampton Wanderers at Vitality Stadium on October 21, 2023. (Photo by Steve Bardens/Getty Images)

The Athletic’s David Ornstein reports that Arsenal want to bring in competition in the wide attacking area this summer, and Pedro Neto remains of interest.

But Ornstein adds that it’s unlikely Arsenal will pay Wolves’ asking price of £80m for a player with a dodgy injury record.

On top of that, there will be competition from the likes of Manchester City, Liverpool, Manchester United, Newcastle United, and Tottenham Hotspur for the signature.

Arsenal have other names on their shortlist, so they may well decide to look elsewhere.

Wolverhampton Wanderers' Pedro Neto pulls up hurt during the English Premier League football match between Wolverhampton Wanderers and Newcastle United at the Molineux stadium in Wolverhampton, central England on October 28, 2023. (Photo by ADRIAN DENNIS/AFP via Getty Images)
Wolverhampton Wanderers’ Pedro Neto pulls up hurt during the English Premier League football match between Wolverhampton Wanderers and Newcastle United at the Molineux stadium in Wolverhampton, central England on October 28, 2023. (Photo by ADRIAN DENNIS/AFP via Getty Images)

Neto has three goals and 11 assists in 21 appearances for Wolves this season, so he’s undoubtedly been in great form when available.

Whether that’s enough to justify an £80m fee when he’s had such serious injury problems is another matter.

Fabrizio Romano recently reported that Neto will be on the shortlist of many clubs this summer, including both Arsenal and Liverpool.

Whilst John Cross wrote for the Mirror that Neto was one of the wingers on Arsenal’s summer shortlist, alongside Athletic Club’s Nico Williams.

WOLVERHAMPTON, ENGLAND - SEPTEMBER 16: Pedro Neto of Wolverhampton during the Premier League match between Wolverhampton Wanderers and Liverpool FC at Molineux on September 16, 2023 in Wolverhampton, England. (Photo by Naomi Baker/Getty Images)
WOLVERHAMPTON, ENGLAND: Pedro Neto of Wolverhampton during the Premier League match between Wolverhampton Wanderers and Liverpool FC at Molineux on September 16, 2023. (Photo by Naomi Baker/Getty Images)

The interest very much appears to be genuine, but that won’t mean much if Arsenal can’t afford to risk £80m on him. From the sounds of things, that’s a likely outcome this summer.