Bayern Munich-bound Michael Olise is reportedly set to receive a massive salary boost ahead of his move to the German Giant.
The Crystal Palace star has been the subject of transfer speculation in recent weeks and was linked to a move to Chelsea.
The forward rejected a new contract for his club and Chelsea also pulled out of the race to sign him, leaving Bayern Munich to swoop in.
![Michael Olise: Why did Chelsea pull out of race to sign the Palace playmaker?](https://sportal365images.com/process/smp-images-production/ringier.africa/18052024/f90238d0-f6ff-42d5-a7e6-990e64bfb259.jpg?operations=fit(180:))
21:06 - 21.06.2024
Michael Olise: Why did Chelsea pull out of race to sign the Palace playmaker?
The 22-year-old man is bound for Bayern Munich, but why did the Blues lose out on the highly regarded youngster?
![Michael Olise: 7 interesting facts to know about the Nigerian-born winger who is on the radar of top Premier League sides](https://sportal365images.com/process/smp-images-production/ringier.africa/18052024/15fc0d9a-ac6e-4807-ab73-af0798e7964d.jpg?operations=fit(180:))
10:45 - 12.06.2024
Michael Olise: 7 interesting facts to know about the Nigerian-born winger who is on the radar of top Premier League sides
Michael Olise is a young winger currently playing in the Premier League. The skillful left-footed soccer player is eligible to represent up to four countries at the senior level due to his mixed-heritage family.
According to reports, Olise is close to a move to Bundesliga side Bayern Munich after rejecting a new contract from Crystal Palace.
Olise’s proposed salary
Following his stellar 2023–2024 season, the Crystal Palace number 7 became a high demand with Manchester United, Manchester City, and Newcastle United interested in signing him.
However, David Ornstein claims that the France U21 international has decided to join German record-breakers Bayern Munich and that a deal is almost finalised.
![Crystal Palace winger Michael Olise. | Imago](https://sportal365images.com/process/smp-images-production/ringier.africa/14052023/1913c717-05a2-4c62-a40e-929e7c3a635e.jpeg?operations=fit(480:))
After choosing to join Bayern Munich, Olise is expected to receive a significant pay boost, according to Christian Falk, Head of Football Sport Bild.
Falk shared a tweet on X explaining Oliseh’s proposed salary. He claimed that Bayern is in concrete transfer talks with Michael Olise. The player wants Bayern but has a release clause of £55 million and wants a salary expectation of £ 220 000 a week.
The winger is anticipated to receive a salary of £220,000 a week, or £11,440,000 annually (or roughly N21.5 billion in Nigerian currency).
Olise has a £55 million release clause in his new contract that he signed with Palace last summer.