Done deal! Fabrizio Romano confirms Bayern Munich have an agreement to sign Michael Olise from Crystal Palace (+ transfer fee details)

Done deal! Fabrizio Romano confirms Bayern Munich have an agreement to sign Michael Olise from Crystal Palace (+ transfer fee details)

According to reports across the media, Bayern Munich and Crystal Palace have reached an agreement for the transfer of Michael Olise. The 22-year-old winger will soon be headed to Germany, with an expected fee in the region of sixty million pounds.

The news comes just days after it was revealed that Chelsea had pulled out of the race. Newcastle United were still in the running, but the player himself apparently chose a move to Bayern Munich instead. Details below:

Bayern have informed Crystal Palace already yesterday about formal process to trigger the release clause for Michael Olise.

◉ £45m fixed fee for Crystal Palace.

◉ £5m in add-ons also part of deal.

Personal terms agreed yesterday over five year deal.

Here we go! ⭐️

Per Christian Falk, Olise was the subject of extensive talks between the two clubs on Saturday. Now all that’s left is confirmation from the supervisory board, and Bayern can trigger the release clause and bring Olise to Munich.

Olise will be expected to take over the duties of Kingsley Coman and Serge Gnabry, who have come under fire in recent seasons for their inconsistency and injury problems. The 22-year-old Frenchman is part of Max Eberl’s attempts to lighten the wage bill and refresh the squad with an infusion of talent.

At nearly sixty million euros, Olise will end up being one of the most expensive Bayern Munich transfer ever, behind only the likes of Harry Kane, Matthijs de Ligt, and Lucas Hernandez. Will he bring the spark Vincent Kompany needs to take his team to the next level? We won’t know until preseason, which is still a long way away.