Michael Olise has officially signed with Bayern Munich on a five-year contract until June 2029, according to sports insider Fabrizio Romano.
The transfer deal involves Crystal Palace receiving £45 million plus £5 million in add-ons, along with a sell-on clause, making it a significant move for both clubs.
Olise, who completed his medical on Sunday, expressed his excitement about joining the Bundesliga giants. He shared his positive feelings about the negotiations and his eagerness to face new challenges.
“Talks with Bayern were very positive. I am very happy to be playing for such a big club. It’s a big challenge, exactly what I was looking for," Olise said. "I want to prove myself at this level and win titles.”
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This move comes after Chelsea pulled out of negotiations over the player’s wage demands. Despite Crystal Palace setting Olise’s price at £60 million, Bayern managed to finalize the deal successfully.
Meanwhile, Olise’s former Chelsea academy teammate, Jamal Musiala, expressed his excitement about the reunion. “We used to play together in Chelsea academy, it was nice! He’s super talented, his skills are excellent. He has scored many goals at Palace so… I’m happy that he’s joining Bayern,” Musiala said.
Olise’s arrival also coincides with the appointment of Bayern’s new manager, Vincent Kompany, who recently joined from Burnley. This addition to the team is expected to bring fresh dynamics and potential to Bayern Munich's squad.
Olise’s career journey has seen him grow from the Chelsea academy and playing for Reading, where he made his professional debut before shining at Crystal Palace. His impressive performances have now earned him a spot in one of Germany’s top clubs.
Looking forward to his time in Germany, the French midfielder is determined to prove himself and achieve success with Bayern Munich, contributing to their pursuit of titles and maintaining their competitive edge in both domestic and international competitions.