Michael Olise: FC Bayern München Contract Extension
Bild reports that top Premier League clubs want Michael Olise to return to England. To fend off this interest, Bayern Munich is working on a new contract for the player.
Bayern München plans to attempt to renegotiate Michael Olise's contract, aiming to offer him a new deal until mid-2031 with a significant pay raise.
Bayern bosses are planning a two-year extension including a salary increase for the Frenchman, despite budget cuts. Currently, he earns up to €16 million per annum including bonuses.
Bayern are already 'talking about' a new contract for Michael Olise, according to SPORT BILD. An extension is suggested to be on the cards later this season, however, no contact has been initiated yet.
Michael Olise is set to stay with Bayern long-term. Internally, the bosses are planning a contract extension beyond 2029, and contract negotiations are being considered for this year.
Michael Olise has joined Bayern Munich for €53m. He was a long-term target for Chelsea.
Bayern Munich wants to offer Michael Olise a new contract to preempt competition from English clubs. Olise is expected to demand a significant salary increase, which may not align with Bayern's cost-saving plans.
According to Bild, Bayern Munich is considering offering Michael Olise a salary increase to reward his performances and persuade him to commit to a long-term stay. The move is also intended to deter interest from clubs such as Manchester City, Liverpool, and Paris Saint-Germain. Olise's contract is valid until June 2029 and does not contain a release clause.
According to Bild journalist Christian Falk, Bayern Munich is planning to offer Michael Olise an improved contract to secure his long-term stay at the club. The club wants to keep him despite interest from England, and the improved salary could amount to just under 20 million euros per season. Olise's current contract runs until 2029.
There is speculation about an exit clause in Michael Olise's contract. Bayern Munich's director did not confirm or deny the existence of such a clause but expressed a clear goal for Michael to play for Bayern for a long time.
Michael Olise has attracted attention from several European clubs after scoring two goals in the Bundesliga and performing well in the Club World Cup. However, he has a contract with Bayern Monaco until 2029 and is considered untouchable by the club. The club's sporting director, Christoph Freund, emphasized their desire for Olise to stay at Bayern for a long time, describing him as an exceptional talent.
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