Bayern Munich prepares contract renewal for Michael Olise

Bayern Munich is preparing a significant contract renewal proposal for Michael Olise to secure his long-term future at the club. The potential deal could include a weekly salary of approximately €500,000, placing the French international among the team's highest earners alongside players like Harry Kane.

As a condition for the extension, Olise is reportedly seeking a release clause to maintain control over his future career moves. This clause is estimated to be valued around €200 million. While several Premier League clubs, including Manchester City, Arsenal, and Liverpool, have shown interest, Olise is reportedly not interested in returning to English football.

Instead, major interest is emerging from Spanish clubs, specifically Real Madrid and Barcelona. Bayern Munich views the Spanish market as the primary threat to retaining the player, as Olise is reportedly more open to a move to Spain than a return to the Premier League.