Bayern Munich to table two-year extension for Michael Olise amid Liverpool, Real Madrid and Manchester City interest

Munich — Bayern Munich are accelerating plans to secure the long-term future of winger Michael Olise by offering the 23-year-old a contract extension that would keep him at the Allianz Arena until 2031, according to club sources.

Olise, who only joined the Bundesliga giants last summer, is tied to the club through 2029, but sporting directors Max Eberl and Christoph Freund have identified the France youth international as a cornerstone of the squad they are building around Jamal Musiala and Harry Kane. With Liverpool, Real Madrid and Manchester City all monitoring the former Crystal Palace star, Bayern hope to raise his wages from the current €15 million per season and insert an extra two seasons into the deal, taking the expiry date to 2031.

“Bayern don’t want another Upamecano case,” one senior official told this outlet, referencing the centre-back whose long-running contract saga eventually forced the club to sell below market value. “The longer you wait, the more it invites other clubs to pick up the phone.”

While negotiations are described as “positive”, the Bavarians must balance the books carefully. Talks over fresh terms for midfielder Konrad Laimer and a possible adjustment for captain Kane are ongoing, and the hierarchy fear that rewarding Olise too generously could trigger a domino effect inside the dressing room. Equally, the club accept that if the right-footer continues his upward trajectory, his valuation could rocket toward the €200 million mark, making an eventual sale highly lucrative.

Olise has settled quickly in Munich, providing pace and creativity from the right flank, and coaches believe he can still unlock another level. A decision is expected before the start of next season, although no deadline has been set.

Bayern’s desire to lock down prized assets is mirrored across Europe. Real Madrid have reportedly set aside €100 million to pursue Manchester City’s Rodri and Borussia Dortmund defender Nico Schlotterbeck, while Arsenal have emerged as front-runners for out-of-contract midfielder Leon Goretzka ahead of north-London rivals Tottenham.

Elsewhere, Manchester United’s Mason Mount could return to the Premier League with Aston Villa and Fulham circling, and Nottingham Forest’s Elliot Anderson is attracting attention from both Manchester clubs should Forest fail to beat the drop.

For now, though, the focus in Munich is on ensuring Olise becomes the face of the next decade rather than the next big departure.