Overview
- Market reporter Fabrizio Romano says Real Madrid remain interested in Michael Olise and plan to 'test the waters' with a roughly €150 million approach in the coming days.
- Bayern Munich president Herbert Hainer has publicly rejected exit talk, saying Olise is under a long contract and that the club is not a selling club.
- Real Madrid president Florentino Pérez pledged a club‑record signing as part of his re‑election promise but told reporters the unnamed €150 million target was 'not Olise', creating conflicting signals.
- Olise joined Bayern in 2024 for about €60 million, is tied to a contract through 2029, and produced roughly 48 goal involvements in 52 appearances this season, which underpins his high market value.
- The outcome remains uncertain because Bayern’s public stance and Olise’s contract are major barriers, and Real Madrid’s next moves are linked to its presidential timeline and possible alternative targets if Bayern holds firm.