Skysports-News: Wolves has officially confirmed the star left winger’s exit to Leicester City. The player signed a four-year, €31.3 million contract after meeting with the head coach of Leicester City thirty minutes ago. According to Fabrizio, Tottenham really made a financial and player offer to Wolves in exchange for Pedro Neto after…..

Wolves: Goncalo Guedes returns to Benfica on loan - BBC Sport

In reality, Tottenham gave Wolves money and a homegrown talent in exchange for Pedro Neto.
Tottenham may not have been able to sign Pedro Neto to Chelsea, but it appears that they made multiple attempts to convince Wolves to work with them.
Neto had been linked to a summer transfer to Tottenham, but according to reports that surfaced yesterday, Chelsea has now moved quickly to sign him.

Wolves: Goncalo Guedes returns to Benfica on loan - BBC Sport
Neto from Wolves will cost Chelsea about £52 million, and if add-ons are included, this will be a club-record deal.
Tottenham, of course, has to start over, and while they want to introduce Dominic Solanke today, they will also be looking to add a new winger.

Wolves: Goncalo Guedes returns to Benfica on loan - BBC Sport

Even if Neto’s move to Chelsea has Spurs supporters scratching their heads, it appears the team tried a couple different approaches to close the transaction.
And part of that involved including one of their own stars in the bargain.
Tottenham lost out to Chelsea for Pedro Neto after offering Oliver Skipp to Wolves.

Wolves: Goncalo Guedes returns to Benfica on loan - BBC Sport
Journalist Liam Keen of the Express and Star claims that at one point, Wolves was offered player and money packages by Chelsea and Tottenham to sign Pedro Neto.
Interestingly, according to Keen, Tottenham actually offered up Oliver Skipp, a homegrown midfield player, as part of the transaction.