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Real Madrid Reopens Pursuit of Michael Olise

Exploratory contacts over a roughly €150 million offer would threaten to reset valuations for elite wingers.

Overview

  • Reports say Real Madrid made exploratory contact with Bayern Munich and Michael Olise’s representatives to sound out a possible transfer, with coverage first emerging on Wednesday.
  • Multiple outlets have reported a rumored fee near €150 million, a sum that would rank among the largest in football and could set a new benchmark for top wide attackers.
  • Bayern executives have publicly insisted Olise is untouchable and central to their long-term plans, signaling strong resistance to any sale.
  • Olise’s recent form strengthens his market case: he earned a World Cup Man of the Match display and has delivered roughly 42 goals and 54 assists in just over 100 appearances for Bayern since a 2024 move from Crystal Palace.
  • If Madrid proceeds, the move would create a large profit on Bayern’s reported €60 million purchase, raise Olise’s commercial profile, and force other clubs to reassess valuations for elite wingers in coming windows.