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Real Madrid have dismissed reports of any contact with Bayern Munich winger Michael Olise or those representing him, as speculation about an imminent offer continues to circulate.
Several sources have claimed that Olise is the primary target of Madrid president Florentino Pérez, despite Los Blancos' unexpected $173 million (€150 million) approach for Atlético Madrid forward Julián Álvarez, with rumors intensifying significantly in recent days.
The most recent speculation suggests Madrid will launch a fresh pursuit of Olise later this summer with a potential offer of up to $230 million (€200 million), but the La Liga heavyweights have moved quickly to quash the story.
What Did Real Madrid Say?
In keeping with their recent pattern of issuing candid public statements regarding transfer activity, Madrid firmly insisted they have made no effort to sign Olise this summer.
"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.
"Real Madrid also wishes to highlight the excellent institutional relationship it maintains with Bayern Munich, with whom it shares a long history of mutual respect, collaboration and admiration, and regrets the spread of speculation that does not correspond to reality.
"Both clubs have always maintained a relationship based on trust and mutual respect, which is reflected, among other aspects, in the shared conviction that any potential interest in a player belonging to the other club must be dealt with first between the entities themselves, in accordance with the principles of institutional loyalty that have historically governed the relations between Bayern Munich and Real Madrid."
What Does Real Madrid's Statement Mean?
In practice, not a great deal.
While Madrid's statement should be taken at face value, it only confirms that no move for Olise has been made to this point — it reveals nothing about what the club may do going forward.
Madrid appear intent on conducting any future negotiations with Bayern Munich with professionalism and respect, as clubs are technically required by rule to grant permission before another side can hold discussions with one of their contracted players — a protocol that is seldom followed in today's game.
In modern football, contact is typically made through player agents acting as intermediaries, and there have even been well-documented cases of managers speaking directly with targets before receiving official clearance. The practice of "tapping up" is far more widespread than most are willing to acknowledge.
Should Madrid decide to pursue Olise, their statement implies they would first seek to reach a financial agreement with Bayern before entering any dialogue with the French winger. For Los Blancos, however, that could prove far more challenging than it sounds.
SI answers is our AI answer engine trained on human-created content.
"For a player like Olise, there's no price tag that would make us flinch," Bayern board member Karl-Heinz Rummenigge stated earlier this summer.
The only realistic way to persuade Bayern to part with Olise may be a formal transfer request from the player himself — and at present, there is no sign of that happening.