Michael Olise’s Bayern Munich deal could feature huge exit fee

Bayern Munich are preparing to offer Michael Olise an improved contract as they seek to protect the France international from interest by Real Madrid and other leading European clubs.

Olise’s current agreement with the German champions runs until 2029, but Bayern are considering adding a significant release clause to a new deal. The proposed figure is reported to be between €150m and €250m.

The details were reported by journalist Christian Falk, who says Bayern want greater security over the 24-year-old’s future. The club’s intention is understood to be protecting one of their most valuable assets while maintaining control over any potential approach from Europe’s biggest sides.

Olise joined Bayern Munich from Crystal Palace in the summer of 2024 in a transfer worth €55m. Since moving to the Bundesliga, he has established himself as an important attacking player for the club.

Last season, Olise played 32 Bundesliga matches, scoring 15 goals and providing 31 assists. Those figures have helped fuel interest in the winger, with Real Madrid and Liverpool among the clubs linked with him during the previous summer.

Bayern’s proposed contract would not change the length of the player’s existing agreement, which already keeps him tied to the club until 2029. Instead, the reported focus is on strengthening the financial terms and setting a possible price for his departure should another club attempt to sign him.

A release clause in the reported range would represent a major valuation of Olise and underline Bayern’s desire to retain him for the long term. It would also give the club a defined position if interest from Real Madrid or other European heavyweights develops into a formal offer.

The latest speculation comes after Bayern’s match against Schalke. Following that game, manager Vincent Kompany was asked why Olise had not been included in the starting line-up.

The report does not provide Kompany’s answer to that question, but the incident has added further attention to Olise’s role within the Bayern squad. The winger’s performances since his move from Crystal Palace have made him a prominent figure at the club, while his age and long-term contract make him an important part of Bayern’s plans.

For now, Olise remains under contract with Bayern Munich through 2029. However, the club’s reported willingness to negotiate an improved agreement, potentially including a release clause worth as much as €250m, reflects the growing interest surrounding the player and the value Bayern place on keeping him in their squad.