Real Madrid Deny Michael Olise Contact as Bayern Munich President Declares Winger Unsellable

Real Madrid have moved to publicly distance themselves from transfer speculation surrounding Bayern Munich winger Michael Olise, releasing a formal statement on Saturday, June 20, 2026, that flatly contradicts reports of an imminent approach for the 24-year-old.

In the official club statement, Real Madrid were unambiguous in their denial. “In response to reports in various media outlets regarding an alleged interest from our club in Bayern Munich player Michael Olise, Real Madrid CF wishes to state that it has not had any direct or indirect contact with the aforementioned player, his representatives, or anyone in his entourage,” the statement read in part.

The club also took the opportunity to underscore the strength of their institutional relationship with Bayern Munich, describing it as built on a long history of mutual respect, collaboration, and trust. Real Madrid further stressed that any interest in a player registered to the other club must be communicated between the two institutions directly, before any external contact is made.

The speculation around Olise had intensified in the lead-up to and following the re-election campaign of club president Florentino Pérez, who reportedly promised a marquee €150 million signing — a new so-called ‘Galáctico’ — to galvanise the fanbase. Multiple media outlets identified Olise as the primary target behind that pledge.

Following Pérez’s re-election, Real Madrid formally submitted a €150 million offer for Atlético Madrid striker Julián Álvarez. The bid was swiftly rejected by Atlético, who pointed to Álvarez’s €500 million release clause as the basis for their refusal. According to reports, however, the Álvarez approach was subsequently characterised as a strategic manoeuvre, with sources suggesting Olise remained Pérez’s true priority target.

Before Real Madrid’s statement was published, Bayern Munich president Herbert Hainer had already moved to close the door on any potential transfer. Hainer publicly declared Olise unsellable, reinforcing that the Bavarian club had no intention of parting with their top performers. The declaration followed an extraordinary 2025-26 season for Olise, in which he registered 22 goals and 31 assists across 52 competitive appearances, helping Bayern Munich secure a domestic double.

Olise joined Bayern Munich from Crystal Palace in the summer of 2024 in a deal reported to be worth around €50 million, and has rapidly established himself as one of the most dynamic attacking players in European football. The France international’s performances have drawn attention from several of the continent’s elite clubs.

With both Real Madrid and Bayern Munich now having publicly addressed the situation — the former denying contact, the latter reaffirming Olise’s importance to the squad — the transfer saga appears to have reached a firm, if temporary, conclusion ahead of the 2026-27 season. Whether the speculation resurfaces in future windows remains to be seen.