Bayern Munich have told potential suitors that Michael Olise is not for sale and are preparing to offer the 24-year-old a new long-term contract, the club says, after Paris Saint-Germain made recent enquiries.
Olise joined Bayern from Crystal Palace in 2024 and has become a leading attacking figure. He has scored 21 goals this season — the second straight year he has reached the 20-goal mark — and he still has three years remaining on his current deal.
The commitment from Bayern follows wide interest across Europe. Teams including Liverpool, Arsenal, Chelsea, Manchester City, Real Madrid and FC Barcelona have been linked with enquiries, and reporting has suggested a string of clubs have been monitoring his form. Interest in michael olise has been particularly quick to surface given those figures and his age.
Karl-Heinz Rummenigge framed Bayern’s stance as a continuation of a policy born in 2009, when the club chose to keep players it would miss from a sporting perspective. Rummenigge said: "In 2009, we received an incredible offer from Chelsea for Franck Ribéry. At the time, it would have been a new world transfer record. I then went to our then CFO Karl Hopfner and Uli Hoeneß. We discussed for two hours what to do with that offer. "On that day, we made a fundamental decision: that in the future, we would no longer sell any player whom we would miss from a sporting perspective. And that unwritten rule still applies today. For a player like Olise, there is no price tag that would make us flinch."
Rummenigge added a personal verdict on the player’s character and appeal: "He is a wonderful player" and "I also like the fact that he is so reserved and almost media-shy. That is the exception in today’s world. He is a good guy, and on the pitch he is of course outstanding, the way he celebrates football and almost performs magic. That is why it doesn’t surprise me that he is so incredibly popular and hyped among our fans."
Vincent Kompany has also publicly underlined Olise’s trajectory, saying he could "be one of the best in the world one day" and that "He’s on the right track now. Everything he does is right. His level now is one of the best in Europe." Those endorsements from senior figures have sharpened the impression that Bayern see Olise as a long-term linchpin rather than a transferable asset.
That makes for an immediate tension. Media reports have claimed Bayern would reject offers above the €200 million mark, a figure that signals the scale of any prospective bid. At the same time, Rummenigge’s assertion that "there is no price tag that would make us flinch" frames the club’s position as ideological as well as financial: Bayern appear willing to block departures even for sums that would reshape the modern transfer market.
The practical effect is simple. By telling suitors Olise is not for sale and by planning to extend his contract while he is 24 and producing at a high level, Bayern are removing him from the market and signalling that they will build around him. Clubs with the deepest pockets can still make approaches, but they will face both a contract extension and a public declaration from the club that the player is considered integral.
Given those moves, the most likely near-term outcome is that Olise stays in Munich and signs a longer deal that cements his centrality to Bayern’s attack. The only real disruption would be an extraordinary sequence — an offer that shifts Bayern’s sporting calculus or a change in the club’s unwritten rule — neither of which has been signalled. For now, Bayern have placed the burden back on potential suitors: if they want Olise, they will have to change the club’s mind, not just its price.
