Transfer insider reveals: Why Real Madrid didn’t bid for Olise after all

The speculation surrounding Michael Olise and Real Madrid has caused a great deal of excitement in recent days. Now there is clarity: the Whites really did want to sign the Bayern star, but a transfer failed due to the uncompromising stance of the German record champions

When Florentino Pérez announced during his re-election as president of Real Madrid that he was preparing an offer of 150 million euros for a superstar, the great guesswork began immediately

Numerous media outlets in Spain, Germany and England quickly agreed that the target had to be Michael Olise

With his outstanding season, the FC Bayern attacking player had finally played his way into the world class and was considered the perfect candidate for the Madrilenians‘ next Galáctico offense

But the surprise came on Tuesday evening

Real opted for Julián Álvarez

Julian Alvarez
photo: IMAGO

Real Madrid officially confirmed that the announced mega-bid was not for Michael Olise. Instead, the Whites made an offer of 150 million euros for Atlético star Julián Álvarez

The Olise story initially seemed to have been exposed as a big misunderstanding, but apparently it wasn’t. Transfer expert Fabrizio Romano has now revealed new details that show that Real Madrid had indeed thought hard about making a move for Olise

„I can absolutely guarantee that Florentino Pérez’s intention was to bring in Michael Olise, and this has also been confirmed by people at Real Madrid,“ Romano explained

According to this, the French international was Madrid’s preferred solution for the right side of the attack. Those responsible in Madrid are said to have studied the Bayern star intensively and were convinced internally that Olise would fit perfectly into the new system

Bayern made any negotiations impossible

So why did an official offer never materialize?

Romano also provides the answer: „Bayern slammed the door shut completely, both privately and publicly, and didn’t want to enter into any negotiations. Real Madrid then started to look at other options and decided to go for Julián Álvarez.“

This was precisely the stance that Munich’s management had taken publicly on several occasions in recent weeks

President Herbert Hainer made it clear that Real Madrid could save themselves an offer, while Uli Hoeneß went even further and repeatedly stated that Olise was not for sale, regardless of the amount

The club management’s statements were clearly not a negotiating tactic, but reflected the actual position

Internally, Olise is regarded as one of the most important building blocks for the coming years, with the Frenchman developing into a difference-maker at the German record champions within a very short space of time following his move from Crystal Palace in the summer of 2024

Accordingly, there is no interest in Munich in thinking about selling him

Instead, Bayern are aiming to extend his contract, which runs until 2029, on a long-term basis and make Olise one of the faces of the club in the long term.

This article was translated into English by AI. You can read the original version here https://fcbinside.de/2026/06/10/transfer-insider-enthuellt-warum-real-madrid-doch-nicht-fuer-olise-bot/.
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