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Bayern Declare Michael Olise Untouchable

A long-term extension with a large pay rise is planned to block reported interest from Real Madrid and PSG.

Overview

  • Multiple outlets report Bayern executives have said Olise is not for sale and quoted unnamed sources claiming he would not leave even for €200m or €500m.
  • Media reports say Bayern are working on a contract extension that would run to 2031 and include a substantial salary increase to make Olise one of the club’s top earners.
  • Olise’s breakout 2025–26 season, widely reported as 22 goals and 31 assists in 52 appearances, has sharply raised his profile and market value.
  • Real Madrid and Paris Saint‑Germain are repeatedly linked with interest, including claims Madrid could value him near €150m, but Bayern’s public refusal and existing deal to 2029 make a summer transfer unlikely while retention talks continue.
  • If completed, the extension would lock Olise into Bayern’s core, push the club’s wage structure higher and force interested clubs to pursue alternative targets or wait for a formal bid and response.