Real Madrid, PSG interested in Olise as Bayern extends contract

Yahoo Sports1 min read • Latest: Jun 26, 2026, 8:23 PM

Last updated Jun 26, 2026

Real Madrid, PSG interested in Olise as Bayern extends contract
Summary

Real Madrid and PSG are chasing Michael Olise, currently of Bayern Munich, who is reportedly set to extend his contract through 2031. The extension would increase his salary from €15 million to €25 million per year, positioning him among Europe's highest earners. Bayern Munich is confident in securing the new deal despite the interest from Madrid and PSG, suggesting that Olise is receptive to staying at the club. As his performances in the recent World Cup gain attention, any potential summer transfer appears unlikely.

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By the Numbers
  • Bayern Munich close to extending Michael Olise's contract until 2031.
  • Olise's salary set to rise to €25 million annually.
  • Real Madrid and PSG are both interested in signing Olise.
  • Bayern believes a summer transfer is impossible for Olise.
Latest Updates
  • 8:23 PMYahoo SportsReal Madrid Receive Concerning Update on PSG Transfer Target
What they're saying
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Bayern Munich are close to extending Michael Olise's contract through 2031, with the French winger set to earn €25M per year. Real Madrid and PSG have been left disappointed.

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