The 24-year-old is having the best season of his career at Bayern, with 16 goals and 24 assists in his 41 games across all competitions.
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According to journalist Christian Falk, Olise has emerged as Real Madrid’s top target this summer, and the Spanish giants are willing to pay big money.
Real Madrid are now preparing an opening offer in the region of €160m to €165m to tempt Bayern into a sale.
It’s understood that Bayern have absolutely no intention of selling Olise, however, with the winger contracted until the summer of 2029.