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Real Madrid's Diplomatic Pursuit of Michael Olise

Florentino Pérez has picked his man. In a market full of glittering attacking options, the Real Madrid president has fixed his gaze on Michael Olise, the 24-year-old winger lighting up the Bundesliga. The belief inside Valdebebas is simple: even with a forward line already stacked with stars, the Frenchman could push this squad to an even higher level.

That ambition, though, is running straight into a wall of principle and price.

A pursuit wrapped in diplomacy

Madrid have made one thing clear from the outset: there will be no transfer war with Bayern Munich. No leaks designed to unsettle, no shadow negotiations, no late-night ambushes.

According to Mundo Deportivo, the Spanish champions have kept an open and direct line with Bayern, promising to inform the German club before making any formal move for Olise. Every step, if it comes, will be taken in the light.

For now, there is no step to take.

The stalemate is defined by one condition. Real Madrid will only move if the signal comes from the player himself. Olise would have to tell Bayern, explicitly, that he wants to leave for the Santiago Bernabéu. Without that message, Madrid intend to stay in the background, acknowledging both the contract that ties him to Munich and the delicate balance between two of Europe’s heavyweights.

So the door in Madrid is not wide open, but it is not shut either. It sits slightly ajar, waiting for a draft that may never come.

A price that defies the market

Even if Olise were to push, another problem looms large: the fee.

Inside Bayern, the valuation of the former Crystal Palace winger has reached stratospheric levels. Reports indicate the Bundesliga champions are so determined to keep him that they are not entertaining a sale even at €200 million. Not as a negotiating stance. As a line in the sand.

That figure alone cools the air around the deal. It is not just about money; it is about Bayern sending a message that this is a cornerstone player, not a tradable asset.

In the offices of the Bernabéu, realism has started to replace early-summer excitement. The sense now is that a move in this window borders on impossible. Bayern will not sit at the table, and Olise, by all accounts, is settled in Munich. Some reports in France suggest he might be open to the idea of Madrid, but the dominant feeling in Spain is that nothing is moving.

Calm in Munich, patience in Madrid

In Germany, the mood is relaxed. The expectation is that Olise will not force a transfer, and that alone keeps Bayern’s hierarchy at ease. They know how Real Madrid usually operate in the elite market. They do not anticipate any surprise attacks or underhand tactics.

Relations between the clubs are described as perfect. That word carries weight. It reflects years of dealings handled without drama, a mutual understanding that both sides want to protect.

Inside Madrid, nobody is willing to put that relationship at risk for a single signing, however talented. Olise may be the priority target, the player Pérez wants, but the club has wrapped this pursuit in a strict code: respect first, opportunity later.

No calls behind Bayern’s back. No pressure through intermediaries. No media games to turn the player’s head.

For now, Real Madrid wait. The strategy is clear: if the bond between Olise and Bayern cracks, or if the winger makes it known that his dream lies in white, they will be ready to move. Until then, the European champions are prepared to watch one of their ideal signings stay out of reach — a reminder that even in a market of giants, some doors only open from the inside.