Bayern Munich value Michael Olise at €300m as Real Madrid monitor France winger

Michael Olise could become the most expensive footballer in history if Bayern Munich receive the €300m fee they reportedly want for the France international.

The 23-year-old winger has attracted growing interest after an impressive spell since joining Bayern, with the German club determined to retain one of the central figures in their long-term plans.

Spanish newspaper AS, in a report by journalist Jose Felix Diaz, says Bayern have set Olise’s valuation at about €300m. Other estimates suggest negotiations could begin at close to €200m.

A €300m transfer would comfortably surpass the current world record, set when Neymar moved from Barcelona to Paris Saint-Germain for €222m in the summer of 2017. Olise’s proposed fee would be €78m higher than the Brazilian’s deal.

Real Madrid interest continues

Real Madrid are understood to be among the clubs most interested in signing Olise. Their admiration for the winger increased after his impressive performance against them at Santiago Bernabeu.

Reports in recent weeks have indicated that Real Madrid continue to monitor his situation and could consider making a move next summer. However, persuading Bayern to sell a key part of their project would be difficult.

Real Madrid issued an official statement in June denying any direct or indirect contact with Olise or his representatives over a possible transfer. The club also said it respected its institutional relationship with Bayern Munich.

That statement has not stopped speculation that Real Madrid could return to the race for the player, particularly as reports continue to link them with a sustained interest in his signing.

Bayern remain firm despite contract talks

According to AS, Bayern have sent mixed signals about Olise’s future in recent weeks. Discussions over improved terms and an extension have not produced an agreement, although the player remains under contract until 30 June 2029.

Bayern honorary president Uli Hoeness said the club were not concerned by the current situation.

“The right time to reach a new agreement will come; he still has two years left on his contract,” Hoeness said.

Bayern signed Olise from Crystal Palace in the summer of 2024 for €53m. His market value has since risen sharply following his performances for the German club.

The contrast is striking: Bayern paid €53m for the winger two years ago, while they are now reportedly considering a €300m figure to allow him to leave.

Olise’s profile has also prompted clubs to assess more than his footballing ability. AS reported that some European sporting departments have prepared separate reports on the player, with one examining his exceptional technical qualities and another focusing on his private personality and occasionally unusual manner of dealing with others.

Bayern sporting director Max Eberl, who played a key role in signing Olise, has acknowledged that the player has a distinctive personality. Eberl pointed to Olise’s previous moves between several English academies and suggested those experiences may have helped shape him.

His brief answers to DAZN after Bayern’s match against Bodo also attracted media attention, with Bayern later issuing a public apology for the interview.

Transfermarkt currently values Olise at €180m, making him the fourth most valuable player in the world, behind Lamine Yamal, Erling Haaland and Kylian Mbappe, and ahead of Jude Bellingham.