According to Sport Bild, FC Bayern Munich plans to begin negotiations for a new contract with Michaël Olise. If the French winger signs a contract extension through 2032 next summer, he will become one of the club's highest-paid players alongside Harry Kane and Jamal Musiala.

With four goals and two assists to start the Bundesliga season, Michaël Olise (24) has delivered impressive performances. He is currently the most valuable player in the Bundesliga, with a market value of €170 million according to transfermarkt.de. Jamal Musiala (23) ranks second, with a gap of €70 million between them. Harry Kane (33, €60 million) ranks sixth.
Bayern's management is in the final stages of extending Harry Kane's contract, the club's leading goalscorer. After the international break, Kane is expected to make his decision. Following that, Bayern will begin preliminary negotiations with Michaël Olise.
According to Sport Bild, Bayern's management expects negotiations with Michaël Olise to be significantly more challenging. So far, the French winger and his agent Glen Twiboah (44) have given no indication that he is willing to stay in Munich beyond the expiration of his current contract in 2029.
The defending champions' position is clear: if Michaël Olise signs a new contract through 2032 next summer, he will be grouped among the highest-paid players alongside Harry Kane and Jamal Musiala, both of whom are expected to earn approximately €25 million per year. Olise's current salary is €14 million per year.
Munich hopes to use a negotiating tool: if Michaël Olise signs next summer, he could receive a top-tier salary starting from 2027 onwards. Otherwise, his salary will remain at the current level.
However, sources close to Bayern's star have repeatedly indicated a desire for a release clause in the contract. Michaël Olise previously had such a provision in his original contract with his former club Crystal Palace. With this clause, Bayern was able to sign the talented dribbler from London for €53 million in summer 2024.
Recent transfer rumors suggest that Michaël Olise's current Bayern contract also contains such a clause. Max Eberl (53), Bayern's sporting director, has flatly denied this, telling Sport Bild: "Michaël Olise does not have a release clause!"
However, release clauses are no longer taboo for Bayern. Harry Kane and Jamal Musiala have been reported to have similar contractual provisions. The key question is: what release clause amount would allow Bayern's star to leave early if the club cannot prevent it? If Michaël Olise extends through 2032, a release clause exceeding €200 million is not unrealistic.
Because Real Madrid and Liverpool continue to monitor Michaël Olise, such a high release clause would serve as insurance for Bayern: if the player leaves prematurely, the club could secure a strong replacement. By comparison: Liverpool paid Bayer Leverkusen €125 million for Florian Wirtz (23) in summer 2025, preventing Bayern from signing him. Should Michaël Olise be sold, Wirtz, who continues to struggle at Liverpool, could become a topic for Munich again.
Eberl delivered a gentle ultimatum to Michaël Olise during an interview with Sport Bild in early September, saying: "We should know by next summer at the latest whether he intends to extend his contract."
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Bayern München
Harry Kane
Jamal Musiala
Michael Olise
Max Eberl
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