Real Madrid eye blockbuster €160m move for Bayern Munich speedster - report

Real Madrid president Florentino Perez is reportedly planning another major transfer move, with Bayern Munich star Michael Olise emerging as one of the club’s top targets for the upcoming summer window.

According to a report from MARCA, the Real Madrid president is a long-time admirer of the talented England-born French attacker and is seriously considering a major offer to bring him to the Santiago Bernabeu at the end of the current season.

The report suggests that Madrid could be prepared to make a huge financial commitment, with the potential offer reportedly reaching €160 million.

Such a move would place Olise among the most expensive signings in the club’s history if the deal were to materialise.

Real Madrid are believed to be pushing strongly for the transfer, with the club viewing the Bayern Munich forward as one of the most exciting attacking talents of the current generation.

A Rodrygo replacement

One of the key reasons why Olise has emerged as a priority target is the growing uncertainty surrounding the future of Rodrygo.

Reports indicate that the Brazilian forward could potentially leave Real Madrid at the end of the season.

If that scenario becomes reality, Olise is seen internally as the perfect player to fill that gap and add fresh creativity and attacking quality to the squad.

As such, Perez has built a reputation for delivering major signings when the club needs a new spark.

With expectations always high at the Bernabeu, the president is preparing what some insiders describe as a “masterstroke” transfer that could quickly reignite excitement among supporters.

Not a straightforward deal

Interestingly, completing such a deal will be far from straightforward, as, despite the rumours, Bayern Munich are not believed to be interested in selling the player anytime soon.

Olise currently has a contract with Bayern that runs until 2029, and importantly, the deal does not include a release clause.

That means any potential transfer would require direct negotiations between the two clubs, something that could make the operation significantly more complicated.

Former Real Madrid manager and current Brazil national team head coach Carlo Ancelotti recently spoke to Radio MARCA (h/t Mundo Deportivo) in an interview, during which he reflected on his departure from the Spanish capital club.

Having enjoyed a successful second stint with Los Blancos, Ancelotti stepped down from his post in 2025, following a disappointing 2024/25 campaign where they failed to win any major trophy despite the addition of Kylian Mbappe.

Discussing what went wrong for him and the team during his final season in charge, Ancelotti explained:

“Football changes with very little, and with that, the chemistry changes. It’s not just about the atmosphere, it’s not just about swapping Kroos for Mbappe. That same year, Nacho left, Carvajal got injured, and Modric played less.

“The old generation that had created a fantastic atmosphere in the dressing room was gone, and a new generation of players had to come in, bringing character, personality, and setting an example. That doesn’t happen overnight; it takes time.”

Continuing, he added: “Mbappe’s arrival coincided with two important departures, Kroos and Nacho, creating a different atmosphere.

“Mbappe did fantastically, scoring around 50 goals, but the team struggled to win titles because football is about small details, and when you change something, it doesn’t always work out.”

On deciding to take up the Brazil role upon leaving Real Madrid, Ancelotti stated: “I had no intention of going to another club after Madrid.

“The opportunity with the Brazilian national team came up two years ago and then I renewed with Madrid, but last year we thought it was the right time to leave and now I’m happy.”

The Italian legend then revealed that he was still in contact with players from Madrid, as well as club president Florentino Perez, saying:

“Yes, sometimes. After the match against Manchester City, I congratulated the club and the president. I also speak with the players. The other day I spoke with Rodrygo to see how he was doing. I’m in contact with them, yes.”

Discussing the importance of Real Madrid superstar Vinicius Jr. for the club as well the Brazil national team, Ancelotti remarked:

“Vinicius has never let us down in important matches. I can’t recall a semi-final or quarter-final where Vini has made a mistake.

“Maybe Vinicius got frustrated in Valencia and lost his focus, but he’s never done that in important matches. I’m convinced he’ll have a great World Cup if he’s in the squad.”

Ancelotti also confidently claimed that Real Madrid will go through to the quarterfinals of the UEFA Champions League, having beaten Manchester City 3-0 in the first leg.

“Yes, it’s going to happen. They have to defend well and maintain their balance,” he stated.

On whether Federico Valverde’s match-winning hat-trick against the Cityzens had surprised him, Ancelotti replied:

“It didn’t surprise me, I kept my coaching license for a reason… but the three goals were incredible. I sent him a message.”

On being asked what message he sent to the Uruguayan midfielder, Ancelotti cheekily replied: “I told him, ‘It’s a shame you don’t have a Brazilian passport.'”

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