Florentino Pérez continues to dream of Olise
The merengue president keeps his eyes on the Bayern Munich star, waiting for an opportunity to sign him.
Michael Olise remains on the agenda of Real Madrid for the summer of 2027. According to L'Équipe, the white club continues to be interested in the 24-year-old winger from Bayern Munich, who is under contract until 2029 and is facing talks to extend his commitment. His possible arrival will also depend on what happens with Vinicius.
When michael Olise is happy, the whole world is happy. https://t.co/gDJ9hOayFa
— 𝐎𝐥𝐢𝐬𝐞 (@oliseSZN_17) November 12, 2026
Michael Olise remains one of Real Madrid's targets
The interest in Michael Olise dates back to last summer when the Madrid team considered his signing. However, Bayern's refusal to negotiate prevented any progress. The German club even stated that not even a proposal of 500 million euros would change their stance.
Ultimately, Madrid opted for Yan Diomande, who was signed from RB Leipzig. The Ivorian attacker has gained prominence in recent matches, and his performance has allowed José Mourinho to find offensive alternatives during Vinicius's absence.
Despite this signing, Olise continues to be among the players most favored in the offices of Santiago Bernabéu. Information from L'Équipe also indicates that Kylian Mbappé, Ibrahima Konaté, and Eduardo Camavinga use the French national team's gatherings to talk with the winger about the possibility of playing in Madrid.
The Frenchman has not lost prominence in Germany either. After tallying 15 goals and 19 assists in last season's Bundesliga, he has started this season by maintaining his impact in the attack. This performance explains why the Bavarian team wants to ensure his continuity.
Bayern Munich wants to renew Michael Olise
The main difficulty for Madrid remains in the offices of Bayern Munich. Olise is under contract until June 30, 2029, and the German board intends to extend that commitment before the player enters his last two seasons. Olise would prioritize his signing for Real Madrid.
The club's CEO, Jan-Christian Dreesen, recently confirmed that they will address his future. Conversations may intensify in the coming weeks, especially after the club has made progress in the contractual planning of other members of its squad.
The market value of Michael Olise is around 180 million euros, according to figures from the latest reports. An eventual operation could exceed 200 million, although there is still no formal proposal for that amount.
Furthermore, Bayern has no immediate need to sell. The player came from Crystal Palace in 2024 for around 53 million euros, and his contract does not include a release clause to facilitate a departure.
Vinicius may influence Olise's arrival
The other determining factor is Vinicius. The Brazilian renewed until 2032, but his sporting situation has changed in recent weeks. His suspension of four matches allowed Diomande to accumulate minutes and increased competition in Madrid's attack.
Vinicius's return will force Mourinho to make decisions about the distribution of minutes. If the Brazilian loses prominence and contemplates a departure, the club would have a way to reorganize its attack and consider an investment for Olise.
The next move will come from Germany. If Bayern fails to renew Michael Olise before the summer of 2027, Real Madrid might find an opportunity to negotiate his signing when the Frenchman is left with only two years of contract.
This is an automatic translation. You can read the original news, Florentino Pérez sigue soñando con Olise