Michael Olise has 12 goals and seven assists in 15 matches across all competitions this season, and that output has put his contract situation under a bright light. He is tied to Bayern München until 30 June 2029, but the club are already preparing extension talks. Real Madrid are watching closely.
Bayern's renewal push
Fabrizio Romano said Bayern are “working very hard to secure the Frenchman’s renewal” and are directing their efforts at the same goal. Piłka Nożna also reported that Bayern are preparing extension talks and could consider selling Olise if no agreement is reached.
That leaves Bayern in control for now, because the contract is long and the player is already producing at a high level. Bayern signed him in 2024 for €53 million, and the scale of the gap between that fee and his current valuation tells the story of how quickly his stock has risen.
Real Madrid's waiting game
Romano also said Real Madrid’s administrators, including Florentino Perez, “love the player”. Madrid were previously reluctant to submit an official offer in order to preserve relations with Bayern, which is why this remains a conditional story rather than a done one.
The pull from Spain is obvious, but the decision still sits with Bayern. If they land an extension, the noise should fade. If they do not, Madrid are positioned to press for a winger whose season has already brought 12 goals, seven assists and a valuation of €180 million.
Written by Jack Mercer with AI-assisted research, cross-checked against 4 outlets. How we work →
