It's been suggested Liverpool see Olise as a potential replacement for departing Reds great Mohamed Salah.
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Reacting to the rumours, Hoeness snapped: "If that's true - I don't believe it is, but Liverpool spent 500 million this year and are having a very bad season.
"So we won't be contributing to them playing better next year."
Olise, 24, joined Bayern from Crystal Palace for £52m in the summer of 2024 and has three years left on his contract.