Florentino Pérez Rules Out Michael Olise for Real Madrid
Florentino Pérez has his blockbuster in mind. It just won’t be Michael Olise.
While the Real Madrid president talks openly about a €150 million move for a “superstar on a par with Cristiano Ronaldo”, Bayern’s gifted winger has been firmly crossed off the list. Any Madridistas dreaming of Olise gliding down the Bernabéu touchline can shelve the fantasy for now.
Bayern slam the door
Bayern have been crystal clear for months. In April, sporting director Max Eberl cut through the noise with a blunt message to would‑be suitors.
No, quite simply: no. We have a long-term project, and Michael is happy here.
That stance is underpinned by a watertight contract. Olise is tied to Säbener Straße until 2029, and, according to Eberl, there is no escape hatch lurking in the small print. No release clause, no clever legal route to force Bayern’s hand.
Last October, when questions surfaced about whether Bayern were losing ground to Europe’s elite in the transfer market, Eberl used Olise as his counter‑argument. Speaking to 11Freunde, he pointed to the Frenchman as proof of Bayern’s pulling power and planning.
What I feel is being overlooked in this discussion, is that, in Michael Olise, we have signed a professional from Crystal Palace who has a contract with us until 2029 – without a release clause – and is on his way to becoming one of the world's best players.
That line was not an offhand compliment. It was a statement of intent.
Madrid look elsewhere
The noise around Madrid’s next galáctico has grown louder in recent weeks. Pérez has already gone public with his plan: a record-breaking offer, at least €150 million, for a forward capable of reshaping the club’s attack.
On Tuesday, I will table a substantial offer to a leading Champions League club for a player who would deliver the biggest transfer in Madrid's history. At least €150 million,
he announced.
The identity of that player has been the subject of fierce speculation. Pérez has dismissed rival presidential candidate Enrique Riquelme’s claim that a deal for a star striker is already wrapped up, but one thing is clear: Olise is not the man.
Pérez has explicitly ruled out moves for Michael Olise, Jeremy Doku and Harry Kane. Any business with FC Barcelona is also off the agenda. The focus, instead, lies on a different profile – with Erling Haaland firmly among the names being pursued.
Just as the Madrid rumour mill started to drag Olise into its orbit, Bayern and Pérez aligned on one point: this is not a transfer battle that will happen.
A rising star Bayern will not sell
The interest is easy to understand. Olise has exploded since his move from Crystal Palace in the summer, a €53 million investment that already looks like a bargain.
He was the only new arrival to make an immediate, decisive impact, racking up 22 goals and 31 assists in 52 appearances across all competitions. Those are not the numbers of a promising squad player. Those are the numbers of a frontline star.
Speculation that the 24‑year‑old could be bought out of his deal at Säbener Straße inevitably followed. A player that productive, that young, at a club that big, will always attract attention.
Bayern’s hierarchy have chosen a different tactic: silence and steel. When pressed again at the end of August about the possibility of a buyout, sporting director Christoph Freund stayed deliberately vague.
As a matter of principle, we never discuss the contents of contracts,
he said.
No denial this time, no fresh detail. Just a reminder that Bayern control the situation and have no intention of playing the market’s game.
What is not in doubt is Olise’s current mindset. Reports in Germany indicate he is not considering a move, let alone a leap to the Spanish capital. He is settled, central to Bayern’s plans, and surrounded by a club that has publicly framed him as a future candidate for the title of world’s best.
Madrid will still get their superstar. Pérez has promised as much, and history suggests he usually delivers. But as Europe braces for another record-breaking summer, one thing is already settled: Michael Olise’s story, for now, will be written in Munich, not Madrid.
