Michael Olise: Bayern expect to sign £60m Crystal Palace star as Chelsea admit defeat

michael olise: bayern expect to sign £60m crystal palace star as chelsea admit defeat

olise.jpg

Bayern Munich believe they have won the race to sign Crystal Palace star Michael Olise as Chelsea admit defeat in their bid to sign a key summer target.

The Blues were among the clubs hoping to persuade the 22-year-old to stay in the Premier League, and had been granted permission by Palace to enter talks with Olise’s representatives.

However, the Blues have decided against pursuing a deal, deciding they are unable to meet the player’s financial demands, and it is now Bayern who expect to snap up one of Europe’s most talented wingers.

It is the second time Chelsea have missed out on Olise, after another failed attempt last summer.

Olise has a release clause in his current contract at Palace but it is believed to have a complex structure, potentially rising above £60m.

It has been suggested that Olise wanted a move to a club in the Champions League and Bayern, now managed by Vincent Kompany, are able to offer that, leaving the likes of Chelsea and Manchester United in a weaker position.

Olise is currently on international duty with France, after being named in the squad for the Paris Olympics later this summer.

To receive the best stories in your inbox every day, click here to register for one or more newsletters from The Standard.

OTHER NEWS

44 minutes ago

Tom Daley opens the door to competing at a record sixth Olympics in Los Angeles... as the Team GB star reveals how his children inspired a return at Paris 2024

44 minutes ago

Today we caught a glimpse of the true heart of Labour - illiberal and bullying: STEPHEN GLOVER

47 minutes ago

Rare SpaceX rocket failure shows exactly why NASA wants 2 commercial options to fly astronauts to ISS

47 minutes ago

Russian journalist who uncovered Putin's daughter now a fugitive

47 minutes ago

PSL records: Kaizer Chiefs’ youngest players ever

47 minutes ago

Microsoft decides diversity ‘no longer business critical’ and sacks DEI team

47 minutes ago

'Special' skipper defended as minutes criticism lingers

47 minutes ago

Analysts: American economy transitions to below-trend growth

47 minutes ago

Sinn Fein praises Labour commitment to repeal Tory amnesty act

47 minutes ago

Bills-Steelers join list of NFL teams holding joint practice together during 2024 training camp

47 minutes ago

Severe storms devastate upstate New York, Midwest, leaving at least 3 dead

47 minutes ago

AP Source: Bears sign Caleb Williams and Rome Odunze to four-year deals

47 minutes ago

Humana-Paredes, Wilkerson reunite for shot at Olympic beach volleyball glory

47 minutes ago

Norton Motorcycles Is Back, Will Launch Six New Bikes in the Next Three Years

47 minutes ago

Browns and LB Jeremiah Owusu-Koramoah 'struggling to see eye-to-eye' on contract talks

48 minutes ago

New mobile app by AXS allows cardless payment at commercial carparks

48 minutes ago

Duke-NUS scientists discover protein that plays key role in ageing

48 minutes ago

Varadkar: Fine Gael and Fianna Fáil 'rapidly becoming sister parties' but merger not likely

48 minutes ago

Chris Simms ranks 40 NFL QBs, including Cowboys' Dak Prescott

48 minutes ago

Rom-Com 'Because I Want No Loss' Starring Shin Min-a, Kim Young-dae to Premieres in August

48 minutes ago

GOP rep speaks out after attack by anti-Israel protester at RNC: We will not allow them to ‘intimidate us’

48 minutes ago

8 Best Centers The Los Angeles Lakers Could Land This Summer

48 minutes ago

‘A plague of liars’: what caused the disastrous pitches at Copa América?

48 minutes ago

‘The Crown’ Leads Departing Series In Emmy Nominations At 18

48 minutes ago

Waller says Fed getting closer to cutting interest rates as inflation slows

48 minutes ago

11 Chicago restaurants named among ‘iconic' list of restaurants nationwide

48 minutes ago

The Acolyte Episode 8: What That Red Lightsaber Means - And How It Changed

48 minutes ago

List of top Emmy nominees

48 minutes ago

A meteor streaked across the NYC skyline before disintegrating over New Jersey

48 minutes ago

‘Shogun’ tops all Emmy nominees with 25 and ‘The Bear’ leads comedies with 23, setting a new comedy series record

48 minutes ago

Emmy Awards 2024: The full list of nominations

48 minutes ago

Charli XCX hints at plans to quit music in shock career change

48 minutes ago

Olympic champion Richard Carapaz wins Tour de France Stage 17

52 minutes ago

Britain's new government commits to building Holocaust memorial

52 minutes ago

How on-time rent payments can help 'credit invisible' consumers be seen

52 minutes ago

Ex-Trump aide Peter Navarro to speak at RNC hours after leaving jail

52 minutes ago

Country singer Ingrid Andress says she was drunk during awful performance of US national anthem

52 minutes ago

John Deere turns back on wokeness, rejects DEI policies: ‘Committed to our customers’

52 minutes ago

Costco's New Deli Item Is Facing Major Criticism: 'Not Good'

52 minutes ago

Commanders have still not yet assigned Tress Way a number

ALONGWALKER VIETNAM: Kênh khám phá trải nghiệm của giới trẻ, thế giới du lịch ALONGWALKER INDONESIA: Saluran untuk mengeksplorasi pengalaman para pemuda global