Bayern Munich have officially completed the signing of winger Michael Olise from Crystal Palace for a fee of €60 million (£50.7 million), including add-ons. The 22-year-old’s transfer follows a competitive pursuit, with Chelsea and Newcastle United also showing strong interest.
Olise, who has been a standout performer in the Premier League, cited the allure of playing in the Champions League and the opportunity to work under coach Vincent Kompany as key factors in his decision to join Bayern.
“I am thrilled to join such a prestigious club like Bayern Munich. I couldn’t turn down the chance to compete at the highest level and develop under Vincent Kompany,” Olise expressed.
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Despite injuries, Olise had an impressive season at Crystal Palace, scoring 10 goals and providing six assists. His contract with Palace was set to expire in 2027, but Bayern activated his release clause to secure the transfer.
Bayern Munich sees Michael Olise as a significant addition to their squad following a challenging season. “Michael is a talented player with great potential. We believe he will be an important addition to our team,” said Bayern’s sporting director.
Crystal Palace expressed mixed emotions about the transfer. While proud of Olise’s development and contributions, they understand his ambition to advance his career. “We wish Michael all the best at Bayern. He has been an exceptional player for us,” a Palace spokesperson stated.
Olise’s move to Bayern Munich marks a notable step in his career, as he looks forward to competing at the highest levels of European football.
