Olise Deemed Untransferable by Bayern Unless Offered €222 Million

Bayern Munich has set a floor price exceeding €200 million for Michael Olise, thwarting Real Madrid’s ambitions, which was considering an initial offer of €150 million for the French international.

Herbert Hainer, president of the Bavarian club, was categorical in the pages of Bild: “Michael Olise is a Bayern player, with a long-term contract. We are not a selling club. If Florentino Pérez wants to send us an offer, which hasn’t happened yet, he can save himself the trouble.” According to Sky Germany, the German club would only consider a departure beyond the €222 million PSG spent on Neymar in 2017 — the absolute transfer market record still standing.

Yet Florentino Pérez, re-elected to the presidency of Real Madrid on Sunday, has clearly displayed his offensive ambitions for the summer transfer window. The Madrid executive himself described the envisioned offer as “the greatest in the club’s history,” without explicitly naming Olise. It was the Spanish press that identified the player as the priority target, described by Pérez as an “offensive profile who projects from midfield toward attack.” Olise, 23, had a remarkable first season in Bayern colors.

Real Madrid is not arriving empty-handed in this transfer window. According to Fabrizio Romano, an agreement has already been reached with Inter Milan for the transfer of Denzel Dumfries, tipped to succeed Dani Carvajal in the right side of defense, for approximately €20 million. Ibrahima Konaté, out of contract at Liverpool, is also expected to join the Spanish capital in the coming weeks.

But the Olise file promises to be far more complex. Between the astronomical valuation demanded by Bayern and Real Madrid’s stated desire to make a big splash, negotiations — should they commence — promise to redefine the limits of the transfer market.