Michael Olise has officially signed with FC Bayern Munich on a five-year contract, which will keep him at the club until June 2029. The transfer from Crystal Palace involves a fee of £45 million, with an additional £5 million in potential add-ons and a sell-on clause.
Transfer Details
The 22-year-old winger completed his medical examination today, finalising the move to the German champions. The deal was confirmed on Sunday, marking what Bayern Munich fans are calling “Olise day.”
Financial Aspects
- Transfer fee: £45 million
- Potential add-ons: £5 million
- Sell-on clause included
Background
Olise, who previously played for Crystal Palace, has been a key player in the Premier League. Known for his agility and playmaking abilities, he is expected to add significant value to Bayern Munich’s attacking options.
Welcome from Teammates
Jamal Musiala, a current Bayern Munich player, welcomed Olise to the team, expressing his excitement about the new addition. This follows a series of reports over the past weeks indicating Bayern’s interest and subsequent negotiations with Crystal Palace.
Timeline of Events
- 2024-06-25: Bayern Munich set to finalise Michael Olise transfer
- 2024-07-04: Bayern Munich schedule medical for Michael Olise
- 2024-07-05: Bayern Munich to sign Michael Olise from Crystal Palace
- 2024-07-06: Michael Olise to sign contract with Bayern Munich
- 2024-07-07: Jamal Musiala welcomes Michael Olise to Bayern Munich
The transfer marks a significant move for both Olise and Bayern Munich, as the club continues to strengthen its squad for the upcoming season.