Michael Olise targeted by Real Madrid with €150 million offer as PSG also bids

Real Madrid is preparing a €150 million bid for Bayern Munich midfielder Michael Olise, who has drawn interest from Paris Saint‑Germain as well. Bayern Munich has publicly stated that Olise is not for sale this summer, but the French midfielder has indicated openness to a move to Madrid, citing the chance to play alongside Kylian Mbappé, Vinícius Júnior and Jude Bellingham as a strong lure.

Olise, 24, finished the Bundesliga season with 22 goals and 31 assists and impressed at the World Cup debut against Senegal. Real chief Florentino Pérez is reportedly leading the effort to secure the French star, while PSG is also prepared to challenge for his signature. The transfer saga is expected to dominate the 2026 summer window, with Bayern planning a new contract for the player until 2031.