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Madrid, 6 June 2026 — Real Madrid president Florentino Pérez is reportedly prepared to launch an audacious €150 million (£130 million) bid for Bayern Munich winger Michael Olise if he wins re-election as club president on Sunday.
According to The Telegraph, the offer could be tabled as early as Tuesday if Pérez secures another term. The move is seen as a key part of his plan to strengthen Los Blancos’ attack after two trophyless seasons.
Pérez’s Bold Election Promise
During a recent appearance on the Spanish TV show Horizonte, Pérez pledged to make “the biggest offer in Real Madrid’s history” for a top player from a Champions League club — and stressed that the player would not come from the Premier League.
When directly asked whether the target was Michael Olise, Jérémy Doku or Harry Kane, Pérez denied it. However, multiple reports from Britain and Spain — including The Telegraph and Diario AS — strongly suggest that Olise is the player who fits the profile.
Florentino Pérez: “I will announce Real Madrid’s first major signing on Thursday” | Managing Madrid
Why Olise?
The 24-year-old French international has been in sensational form this season, contributing 22 goals and 26 assists across all competitions for Bayern Munich. He joined the German champions from Crystal Palace for €53 million in 2024 and is now regarded as one of Europe’s most exciting attacking talents.
Pérez is believed to want Olise to provide balance to Real Madrid’s frontline alongside Vinícius Júnior and Kylian Mbappé. The left-footed winger, who operates on the right flank, would add a different dimension to the team’s attacking play.
Bayern Munich’s Firm Stance: “No Chance”
Bayern have been quick and clear in their rejection of any potential sale. Sporting director Max Eberl stated:
“Olise to Real Madrid? No, quite simply no… no chance. We have a long-term project. Michael feels very comfortable here.”
Olise remains under contract until June 2029, and Bayern have repeatedly emphasised that none of their star players are for sale this summer. Club legend Uli Hoeneß has also dismissed any possibility of a departure.
What Happens Next?
Real Madrid’s presidential election, involving the club’s socios (members), is scheduled for Sunday. If Florentino Pérez is re-elected, the €150 million offer for Olise is expected to be one of his first major moves to rebuild a squad that has struggled for silverware in recent years.
Will Bayern be tempted by such an astronomical figure, or will Real Madrid have to look elsewhere?
European football fans will be watching developments closely over the coming days.
Main sources: The Telegraph (James Burt), BBC Sport, Diario AS, and official statements from the clubs and individuals involved.
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