Coming live from Fabrizio Romano, “it’s not new that I want to join United I have always been a fan and I happy today that I’m going to be part of the clubs history I can’t wait to get started”. Manchester United secures a pivotal £50.7m transfer following intense negotiations and a new five-year contract has been agreed and hope deal will be announced soon. ‘Done’ – £50.7m transfer decision explained after Manchester United talks & five-year deal agreed. Nobody was expecting this, the fans are celebrating to this deal. This is guy will do wonders at United🙀🙀🙀
Crystal Palace winger Michael Olise has opted to depart the Premier League for Bayern Munich in a £50 million move, despite interest from Manchester United and Chelsea. The 22-year-old was highly coveted by several top clubs, including Newcastle United and Liverpool, but ultimately chose Bayern, who agreed to pay €60 million (£50.7 million) to Palace, including additional performance-related bonuses.
Both Chelsea and Newcastle made efforts to secure Olise’s services, but he is poised to sign a five-year contract with Bayern, turning down a lucrative offer from Chelsea. Earlier in May, transfer expert Fabrizio Romano had reported Manchester United’s active negotiations with Olise’s representatives, highlighting their keen interest in the winger who impressed with 10 goals in 19 Premier League appearances last season.
Olise had come close to joining Chelsea last summer when they triggered his £35 million release clause. However, he opted to remain at Selhurst Park and subsequently extended his contract with Palace until 2027, with an increased release clause of approximately £60 million. According to reports from The Telegraph via the Shields Gazette, Olise favored Bayern Munich due to their participation in the Champions League, whereas Manchester United, Newcastle, and Chelsea failed to secure European competition berths. United will feature in the Europa League after winning the FA Cup final against Manchester City, which relegated Chelsea to the Europa Conference League and left Newcastle without European football altogether.
While Manchester City, Arsenal, Liverpool, and Aston Villa will represent England in the Champions League next season, Chelsea reportedly reached verbal agreements on personal terms with Olise and were negotiating with Palace regarding his release clause, although the solidity of these agreements remains unclear.
Prior to last season, Olise had amassed 63 Premier League appearances, scoring just four goals. His performance notably improved under Palace manager Oliver Glasner, who praised his contributions, particularly highlighting his four goals and three assists in the final six games, including a brace against Manchester United. Glasner emphasized Olise’s individual qualities and the impact of finding a suitable role for him within the team.
Born in London, Olise began his career in Chelsea’s academy before moving to Manchester City’s youth setup. He later joined Reading in 2017, making his debut against Leeds United in March 2019. During his time at Reading, Olise registered seven goals and provided 14 assists in 73 games, which led to his transfer to Palace in July 2021 for an estimated £8 million. Initially signing a five-year deal set to expire in 2026, Olise’s departure marks a significant move for Palace as they navigate potential transfers this summer, with winger Eberechi Eze also reportedly drawing interest from Manchester United while currently representing England at Euro 2024.