- Bayern Munich have confirmed the signing of Michael Olise from Crystal Palace
- The 22-year-old has joined the Bundesliga giants on a five-year contract.
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Bayern Munich have confirmed the signing of Michael Olise from Crystal Palace on a five-year contract.
The official announcement marks the end of a protracted transfer saga that has been ongoing since it began in June.
Olise will be an integral part of new boss Vincent Kompany’s plans as he looks to revamp the squad that finished second to Bayer Leverkusen last season, ending a run of 11 consecutive Bundesliga titles.
Bayern are reported to have paid £49.5m to secure the services of the French youth international.
In a video shared on the club’s social media, the 22-year-old wore the Bavarian team’s famous red jersey.
Michael Olise has joined Bayern Munich from Crystal Palace on a five-year contract
The Bundesliga club are said to have paid £49.5m to secure the 22-year-old’s signature.
In an interview with the club’s website, Olise insisted that he is determined to prove his worth in the Bundesliga and win as many trophies as possible.
“The talks with Bayern have been very positive and I am very happy to be able to play for such a big club now,” said Olise.
‘It’s a great challenge and it’s exactly what I was looking for.
“I want to prove myself at this level and do my part to ensure we win as many titles as possible with our team in the years to come.”
Bayern sporting director Christoph Freund highlighted the key attributes that led them to seek out Olise.
“Michael is quick, crafty, a goal threat and very versatile in attack,” Freund said.
Bayern beat off competition from several Premier League clubs to secure his services
‘His goal and assist statistics are already impressive. At 22, Michael is already very advanced, but he is also hungry and still has a lot of potential.
‘Fans come to the stadium to see players like Michael Olise.’
Both Manchester United and Chelsea had been linked with a move for the winger this summer, with the Blues reportedly willing to offer two first-team players to secure his signature.
After starting his career in the youth ranks at Arsenal, Olise would spend time in the youth academies of Chelsea and Manchester City before joining Reading in 2017.
Olise would make his senior debut for the Royals two years later and became a key player for the club, who fell just short of making the playoffs in the 2020-21 campaign.
The move to Selhurst Park came after then-Palace boss Patrick Vieira activated his £8.37m release clause.
Olise made 90 appearances in all competitions for Palace, scoring 16 goals.
In his second season at the club, Olise was named Player of the Year by both fans and players, and also became the youngest player in Premier League history to record three assists from open play during a single game.
Olise’s form continued to improve last season as he reached double figures in league goals for the first time in his career, while also bagging a further six assists in just 14 starts, despite two hamstring injuries curtailing his involvement.
