Real Madrid president Florentino Pérez is prepared to offer over €200 million for Bayern Munich winger Michael Olise this summer, according to Spanish journalist Jose Felix Diaz. This figure surpasses previous reports of a €160-165 million approach, intensifying a transfer saga complicated by Bayern’s firm stance against selling the 23-year-old.
Interest from Real Madrid in Olise grew after his Champions League performances against them, with Pérez reportedly identifying the player as a key target in a broader strategy to rejuvenate the squad with ‘galáctico’ signings. The potential fee would be a club record for Real Madrid, exceeding any previous amount paid for a player, and would approach the world record for a winger.
Pérez’s direct involvement in pursuing Olise is significant, as the club typically adopts a more assertive negotiating approach when the president personally backs a signing. This contrasts with situations where transfer decisions are delegated to the sporting department. However, Olise has not publicly expressed a desire to leave Bayern, adding another layer of complexity to the potential deal.
Bayern Munich have consistently maintained that Olise is not for sale. Sporting director Max Eberl and CEO Jan-Christian Dreesen have both publicly stated their intention to retain the player, while honorary president Uli Hoeneß explicitly said he would not sell Olise “not even for €200 million.” This public resistance creates a direct conflict with the reported willingness of Real Madrid to meet that price.
Olise joined Bayern Munich in the summer of 2025 on a long-term contract with no release clause, specifically designed to deter approaches like this one. While Bayern’s stance is firm, clubs often reconsider their positions when presented with substantial offers. However, persuading Bayern would likely require a significant financial incentive, as Olise appears content in Munich and is not actively seeking a transfer.
Pérez’s pursuit of Olise is occurring during a presidential re-election cycle, which has heightened the emphasis on high-profile signings. While Real Madrid have already secured free agent arrivals, a fee exceeding €200 million would consume a large portion of their transfer budget and limit their ability to make further significant investments. The reported figure may represent either a genuine opening bid or Pérez’s absolute spending limit.
The next step will be whether Real Madrid submit a formal written offer and if that offer is enough to prompt Bayern to move from their public position of resistance to private negotiations. The situation remains contingent on both a change in Bayern’s stance and potentially, a shift in Olise’s desire to remain at the club.
