Michael Olise set to join Bayern Munich after Chelsea pull out of the race
Bayern and Crystal Palace are now expected to agree a deal.
Crystal Palace star Michael Olise is set to join German giants Bayern Munich after Chelsea pulled out of a deal for the Frenchman.
The Blues almost signed Olise last summer before the deal fell through, and they were reportedly leading the race for the winger this summer.
However, in a turn of events it’s been reported that Chelsea have pulled out of the race for the 22-year-old after feeling the finances involved were beyond their reach.
The Blues are trying to reduce their wage bill and will happily walk away from deals if a potential transfer target doesn’t fit into their existing structure.
Fabrizio Romano took to X.com to share the news and said:
“Chelsea have decided to leave the race for Michael Olise.
“After Palace offering him new deal and high financial requests, Chelsea decide to withdraw. Deal currently off, as @David_Ornstein called.
“Bayern and Newcastle are also speaking to Olise, Man Utd remain keen.”
The Athletic have subsequently reported that Olise has chosen to join Bayern and the Bundesliga outfit are set to agree a deal with Palace.
Olise joined Crystal Palace from Reading in 2021 and has made 90 appearances for the club, scoring 16 goals and providing 25 assists during his time at Selhurst Park.
The winger impressed last season with ten goals and six assists in just 19 Premier League appearances, and he is now set for a new chapter in Germany with one of the biggest clubs in the world, and will play regular Champions League football.
For Chelsea it’s the second summer in a row they have missed out on Olise, and they will now turn their attention to other targets with the Blues strongly linked with Aston Villa’s Jhon Duran and Atletico Madrid’s Samu Omorodion, whilst they have also enquired about Barcelona teenager Marc Guiu.