Check out the salary, net worth and contract details of Michael Olise as Bayern Munich is rumored to be nearing the signing of Crystal Palace attacker
Reports surfaced indicating that Olise is all set to sign with Bayern Munich leaving fans in frenzy about his salary details. Let’s find out with us!
Michael Olise FC Bayern Munich salary, contract details, release clause and net worth
Earlier, a journalist Christian Falk took to X and revealed that Olise is set to earn a substantial €13.5 million per season salary at Bayern with a release clause of 55 million pounds in his contract. Olise’s net worth stands at 10 million pounds.
Bayern is in concret transfer-talks with Michael Olise (22) @CPFC. The player wants to Bayern
❇️ Release clause £ 55 Mio
❇️ £ 220 000 a week salary@BILD_Sport @altobelli13 @ErikOleee
First call via @TheAthleticFC— Christian Falk (@cfbayern) June 21, 2024
The winger is expected to pocket an impressive weekly wage after choosing Munich over several Premier League clubs this summer.
According to reports, Bayern is close to finalizing a deal, despite interest from Chelsea and Newcastle.
Reports indicates that Bayern has triggered Olise’s £55 million release clause, and journalist Christian Falk confirms that negotiations are underway.
Chelsea withdrew from the race for the 22-year-old late on Friday, and Manchester United did not submit an offer. Olise is also anticipated to earn a significantly higher salary at Bayern, with Falk reporting a weekly wage of £220,000.
Olise Salary at Crystal Palace
Olise had signed a new contract with Crystal Palace last August, earning £100,000 per week. According to reports, Olise has three years and £20,800,000 gross salary remaining on his Crystal Palace contract, expiring on June 30, 2027.
For the 2023-2024 season, Olise earned a gross base salary of £5,200,000, or £100,000 per week, excluding bonuses.
Net Worth
The winger is expected to receive an annual salary of £11,440,000, equivalent to approximately N21.5 billion in Nigerian currency. Olise’s new contract with Palace, signed last summer, includes a £55 million release clause. As per numerous reports, as of 2024, Olise’s net worth is around £9,562,800.
🚨🔴 Bayern have reached agreement on Michael Olise salary and contract, deal in place on player side!
Olise rejects Palace new deal proposal, Chelsea and Newcastle wanted him but he’s joining Bayern.
Deal to be completed soon with Palace, as @David_Ornstein reported. pic.twitter.com/sJAyPdFZap
— Fabrizio Romano (@FabrizioRomano) June 21, 2024
Olise whose full name is Michael Akpovie Olise was born in Hammersmith, London, England on December 12, 2001. He is a professional player currently plays for Crystal Palace as a winger. Standing 1.84 m (6 ft 0 in), he represents youth international level of France.