This week, Florentino Perez captivated Real Madrid fans by promising to invest heavily in a new Galactico if he wins re-election as president this weekend. While he hasn’t revealed which player he has in mind, reports have emerged suggesting that Michael Olise is his target.
Olise has been on Real Madrid’s radar for some time, with interest growing in recent months. If Perez wins against Enrique Riquelme in the elections on Sunday, he plans to make an opening offer of €150 million. However, it is highly likely that this bid will be rejected by the Bernabeu club.
Advertisement
Earlier this season, when Olise was first linked with Real Madrid, Bayern Munich’s honorary president Uli Hoeness firmly stated that the player was not for sale. According to BILD (as reported by Sport), Bayern’s position remains unchanged: Olise is untouchable.
Bayern is well aware of Perez’s intentions to bid for Olise if he secures the Real Madrid presidency, prompting them to swiftly communicate that any offers will be declined. The club is adamant that the 24-year-old, who had an impressive season with 22 goals and 26 assists in all competitions during the 2025-26 season, will not be leaving the Allianz Arena.
How Will Real Madrid Navigate Upcoming Olise Negotiations?
Image via Reinaldo Coddou H./Getty Images
Advertisement
Real Madrid’s approach to potential negotiations with Bayern regarding Olise—assuming Perez wins the election—will be challenging. They cannot compel the Bundesliga champions to sell, but they might try to persuade Olise to push for a transfer, leveraging the appeal of joining the 15-time European champions.
It will be intriguing to see how the situation with Olise develops, but for now, Perez’s primary focus will be on achieving victory in the upcoming election on Sunday.