Real Madrid to bid €130-150M for Michael Olise if Pérez wins

Real Madrid is poised for a major summer of change, with the club's upcoming presidential election set to determine its transfer strategy. President Florentino Pérez, facing his first contested election in two decades against rival candidate Enrique Riquelme, has announced plans to break the club's transfer record with a bid for a high-profile player next week.

While Pérez publicly denied the target is Bayern Munich winger Michael Olise during a television appearance, multiple reports indicate the 24-year-old French international is the primary objective. If reelected this weekend, Pérez is expected to launch a bid for Olise in the range of 130 to 150 million euros, which would surpass the fee paid for Jude Bellingham in 2023 and set a new club record.

Olise, who joined Bayern Munich from Crystal Palace in 2024, has established himself as a key player in Germany, helping his club win two Bundesliga titles and being named the league's Player of the Season for 2025/26. His contract runs until 2029, and Bayern's honorary president, Uli Hoeness, has stated the player is considered "unsellable," signaling a likely difficult negotiation.

The election contest has highlighted differing...