City and Chelsea ready to offer €150m

Manchester City and Chelsea are planning a big move for Bayern Munich winger Michael Olise, according to reports.

Both Premier League clubs are prepared to submit an offer of up to €150 million, a figure that could force Bayern to reconsider their stance despite Olise being a key player.

Olise currently earns around €220,000 per week, but English clubs are willing to raise his salary to approximately €350,000 per week.

The 24-year-old is under contract with Bayern until June 30, 2029. Transfermarkt values the French attacker at €130 million. Olise joined Bayern in 2024 after spells at Reading and Crystal Palace.