Real Madrid will launch a €150m bid for Bayern Munich winger Michael Olise if Florentino Pérez wins re-election as club president this weekend, a move timed to follow the club vote.
Florentino Pérez told Spanish media on Thursday that he planned a huge bid next week to please Madrid fans, and Pérez is expected to beat rival Enrique Riquelme in the election. Pérez publicly denied that he was talking about Olise, even as it is understood that the Bayern winger is exactly who Madrid intend to pursue this summer.
The figure on the table — €150m — would test Bayern’s resolve. Olise’s contract runs until 2029, he only joined Bayern in 2024 and has been described as exceptional since the move, helping Vincent Kompany’s side to two Bundesliga titles. His performances drew attention across Europe: José Mourinho watched Olise when Bayern beat VfB Stuttgart in last month’s German Cup final, and Bayern’s former president Uli Hoeness has called the player “unsellable.”
Madrid’s interest in Olise sits alongside a separate line of business at the club. The club has already lined up Ibrahima Konaté on a free transfer and agreed terms to sign Denzel Dumfries from Inter, while there is also interest in Paris Saint-Germain midfielder João Neves. Still, the €150m plan is notable because it is explicitly linked to Pérez’s re-election — a dateable trigger that would put a marquee pursuit on the summer agenda immediately after the vote.
Bayern, by contrast, are highly unlikely to roll over. The club will resist losing a player who helped deliver two league titles and who is under contract until 2029; Uli Hoeness’s “unsellable” line captures that posture. That resistance frames the central tension: Real Madrid can make a record-level approach, but Bayern’s willingness to sell and Olise’s contract length make any transfer an uphill negotiation rather than a straightforward acquisition.
The friction is made sharper by Pérez’s public denials. He promised a gálactico-level bid and then said it was not about Olise, while internal understanding at Madrid points to Olise as the target. That gap — between public disavowal and what club decision-makers appear to want — will matter to how a campaign is run and disclosed, both for bargaining leverage with Bayern and for the optics around a new presidential mandate.
The sequence ahead is clear and immediate: the election takes place this weekend; if Pérez is re-elected, Madrid intend to pursue Olise in next summer’s window with a €150m offer. What remains unresolved is whether Pérez will be re-elected and, crucially, whether Real Madrid will follow through with a formal bid and whether Bayern will accept one for a player they call unsellable and who is tied to a long contract.
The upcoming vote will therefore do more than determine club leadership; it will decide whether this reported plan becomes an active transfer pursuit. If Pérez wins, the story of the summer transfer window for Madrid and Bayern will likely hinge on whether a €150m bid can pry Michael Olise away from a club publicly set against selling him.
