Wolves are reportedly keeping tabs on Watford attacker Joao Pedro this summer and if he arrives at Molineux, he could prove to be a replacement for Pedro Neto.

According to 90min, Wolves are keeping tabs on the Brazilian forward, who had looked close to joining Newcastle United before the Toon agreed a deal to sign Alexander Isak from Real Sociedad, which seemingly opens the door for other Premier League sides to sign him.

The 20-year-old has already made 78 appearances for the Hornets in his career, contributing 14 goals and five assists in that time, which is an impressive return for someone so young.

Pedro is capable of playing through the middle and on the wing, so should he arrive at Molineux, he could be expected to fill the boots potentially left by Neto, with reports suggesting that Arsenal could be set to sign the former Lazio man in a deal worth £50m.

Despite spending much of last season on the sidelines through injury, Neto's performances in the 2020/21 season, where he contributed an impressive five goals and six assists in the top-flight with an average rating of 7.11 from WhoScored, have clearly done enough to convince Arsenal that he is worth the hefty fee.

It would be a big loss for Bruno Lage to lose such a promising young attacker but Goncalo Guedes has already arrived on the wing, and the money from Neto's sale could be put towards Pedro, with reports suggesting that Watford want around £30m for his signature.

Pedro has started the season in impressive fashion for Watford, contributing one goal in four games, averaging a strong 7.32 rating from WhoScored for his performances, which is better than anyone in Wolves' squad, emphasising the quality he could add to Lage's side.

New Watford boss Rob Edwards praised Pedro for his role in the Hornets' front three after they beat Sheffield United, saying:

“It’s hard for me to talk about individuals when we had a team performance like that.

“I’d add Joao Pedro into it, because I thought he was incredible, and say that the front three were very good. Their commitment and running were at a really high level. I could see their desire and fight to help their teammates.

“When you have players who are prepared to do that from the front, then obviously you’re in a good place.

“All three of them were involved in the goal, and they pose such a threat on the attack or when we counter. They have quality, they do things at speed, they find spaces.”

Pedro looks as if he could fit seamlessly into Wolves' attack and given his huge potential he could be a quality addition at Molineux, even if his signing means Neto ends up leaving.