Michael Olise is becoming the most mentioned name on the transfer market after his explosive performance in the French national team jersey at the 2026 World Cup.
The Bayern Munich attacking midfielder left a strong mark when playing the number 10 role, setting a new record with 7 assists in a World Cup, surpassing Pele's 56-year milestone. Notably, up to 5 of them were for Kylian Mbappe.
Bright form helps Olise be linked with Real Madrid. Many sources in Spain and England say that the Bernabeu team is willing to spend more than 200 million Euros to recruit the French player, a fee that could break Neymar's world transfer record.

Rumors exploded even more after President Florentino Perez's statement in the re-election campaign. He once promised to bring in a "excellent player" from a big team in the Champions League for a club record fee of 150 million Euros. Although Perez later denied that the person mentioned was Olise, many sources still affirmed that the Bayern player was the real target.
Real Madrid once sent an offer worth 150 million Euros for Julian Alvarez but was rejected by Atletico Madrid. This further fueled speculation about a move to Olise.
By the end of June, Los Blancos had to issue an official announcement denying information that they had contacted Olise or his agent. The Royal team affirmed that there was no direct or indirect contact, and emphasized the good relationship with Bayern Munich and said that the spreading information was inaccurate.
However, French media continues to report that Olise wants to wear the Real Madrid shirt, considering Bernabeu as an ideal environment to develop his career after the breakthrough from Crystal Palace to Bayern Munich. Besides, many sources say that Real is still ready to consider a record offer if there is an opportunity.
Another factor raising expectations is the appearance of Mbappe. Sources from Germany and Spain said that the French national team captain directly persuaded his teammate to move to Bernabeu after the World Cup. The understanding between Mbappe and Olise in the French national team's attack is considered the basis for the Real Madrid star to believe that his compatriot will be suitable for coach Jose Mourinho's system.
However, Bayern Munich still maintains a tough stance. The club's leadership affirms that Olise is not for sale, even an official declared that the player "will not leave even if there is an offer of 500 million Euros". Olise's contract still has 3 years left and no release clause, while Bayern is planning to extend it to keep him for a long time.

In the opposite direction, Real Madrid also finds it difficult to meet the huge fee in the context of pursuing many other targets such as Rodri and Yan Diomande. The transfer policy of the Royal team in recent years has also leaned towards reasonable deals or free transfers, instead of contracts exceeding the 200 million Euro mark.
Even in internal meetings at the Bernabeu, Real Madrid's board of directors also admitted that recruiting Olise in this summer transfer window is "not feasible". Therefore, despite rumors and support from Mbappe, the possibility of Olise leaving Bayern Munich this summer is still very unlikely.
