Overview
- Florentino Pérez told TV viewers this week that if he wins re‑election he will make a roughly €150 million offer the Tuesday after the club vote for a top Champions League player.
- European outlets and transfer reporters have identified Bayern Munich winger Michael Olise as the likely target, but Florentino has publicly denied the signing would be Olise or Erling Haaland.
- Bayern officials have repeatedly said Olise is not for sale and the player is under a long contract, making any transfer dependent on Bayern changing its stance or agreeing a rare sale.
- If a €150 million deal went through it would surpass Jude Bellingham’s €127 million fee and become Real Madrid’s most expensive signing, a pledge framed as a campaign promise to supporters.
- The next concrete development is the promised post‑election approach; until a formal offer or club confirmation appears the story remains speculative with major contractual and sporting hurdles to clear.