Bayern Munich has officially informed Crystal Palace of their intention to activate Michael Olise’s release clause, according to Fabrizio Romano. The German club will pay a fixed fee of £45 million, with an additional £5 million in potential add-ons.
Details of the Transfer
- Fixed Fee: £45 million
- Add-ons: £5 million
- Contract Length: Five years
Background
Michael Olise, a 22-year-old winger, has been a key player for Crystal Palace. His performances have attracted interest from several top clubs, including Chelsea and Manchester United. Crystal Palace had recently offered him a new deal, but Bayern Munich’s decisive move has secured his transfer.
Personal Terms
Personal terms between Bayern Munich and Olise were agreed upon yesterday, ensuring a smooth transition for the player to the Bundesliga.
This transfer marks a significant step for both Bayern Munich and Michael Olise, as the player looks to make an impact in one of Europe’s top leagues.