Chelsea and Newcastle United learned about Joao Pedro's asking price after the Magpies saw an ambitious £50 million ($68m) offer rejected by Brighton. Despite signing Liam Delap from Ipswich, the Blues are still looking for more forwards, while Eddie Howe is yet to complete his first signing of the summer transfer window.

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Chelsea, Newcastle learned Pedro's asking priceMagpies saw their first bid rejectedPedro wants regular game time at new clubFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?

According to the , any club that hoping to sign Pedro this summer will have to shell out a whopping £60 million ($82m). With multiple English clubs keen on signing the 23-year-old, the Seagulls could witness a potential bidding war that could further increase the player's value.

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The Brazil international had a fruitful outing with Brighton in the 2024-25 campaign, where he scored 10 Premier League goals. The player reportedly will only be willing to move away from Amex Stadium if a team can guarantee him a place in their starting lineup.

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Both Chelsea and Newcastle have qualified for the Champions League next season by finishing fourth and fifth on the table. Brighton, other hand, missed out on a place in Europe after ending the season in eighth place.

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Getty Images SportWHAT NEXT FOR CHELSEA?

Enzo Maresca's side will be back in action on Saturday as they take on Benfica in the Club World Cup round of 16 stage.