Real Madrid to make record bid for Michael Olise

Real Madrid will submit a bid to Crystal Palace for Michael Olise on Tuesday. The proposed transfer would surpass Real Madrid’s previous highest fee.

The Champions League club confirmed the €85 million release clause would be matched. Palace have yet to respond to the offer.

Michael Olise remains contracted to Crystal Palace until June 2027. The winger has scored six goals and provided three assists this season.

Real Madrid sporting director José Ángel Sánchez will finalize the proposal. The club’s hierarchy has prioritized Olise’s recruitment this transfer window.

Crystal Palace are open to selling but seek further negotiations. The London side have not set a deadline for a decision.

A decision is expected within two weeks. Both clubs continue internal evaluations before proceeding.