Olise to demand release clause in any new Bayern Munich deal amid interest from Real Madrid and Liverpool

Michael Olise will insist that any new contract he signs at Bayern Munich contains a release clause.

Bayern are working on an agreement with Olise to extend his current contract at the club, which runs until 2029.

The France international has evolved into one of the world's top talents since arriving in Germany from Crystal Palace in 2024, and is a dream transfer target for Real Madrid and Liverpool.

Real Madrid see Olise as a 'Galactico' signing to join Kylian Mbappe, Jude Bellingham, and Vinicius Junior, while Liverpool view the winger as the ideal heir to Mohamed Salah, following his Anfield exit in the summer.

Other clubs are likely to enter the race should Olise express interest in a new challenge, including Paris Saint-Germain.

According to German outlet BILD, Olise is yet to decide whether to leave Bayern or sign a new contract, but the 24-year-old will insist that any new deal must include a release clause.

In the summer, the Bayern board insisted even world-record offers for the winger would be turned down and declared Olise as untouchable.

The Frenchman was named Bundesliga Player of the Season in 2025/26, after scoring 15 goals and recording a league-leading 19 assists. His performances helped Bayern to a Bundesliga, DFB-Pokal and German Super Cup treble, while he's continued in similar vein this season.

An outstanding international break has seen Olise shine for France, and he now has 10 goals and five assists in 10 appearances for club and country.