Liverpool and Arsenal keep Michael Olise interest alive as Bayern Munich fight to extend contract

Liverpool and Arsenal reportedly retain an interest in signing Bayern Munich forward Michael Olise, according to TEAMtalk. The £152m-rated left-footed right-winger has no intention of returning to England and would favour a move to Spain if he ever leaves the Allianz Arena.

  • Players involved: Michael Olise (Bayern Munich)
  • Interested clubs: Liverpool, Arsenal, Manchester City, Paris Saint-Germain, Real Madrid, Barcelona
  • Valuation: £152m (Transfermarkt)
  • Key detail: Olise has no intention of returning to England; Spain is his likely destination if he leaves Bayern
  • Bayern's stance: Preparing a new long-term contract making him one of the club's highest-paid players
  • Source: TEAMtalk

Deal details

Bayern Munich are planning to keep Michael Olise by tying him down to a fresh long-term contract. The German giants consider him one of the best forwards in the world and are prepared to make him one of the club's highest-paid players to fend off interest.

Olise is valued at around £152m by Transfermarkt. Liverpool, Arsenal and Manchester City are all in the race for his signature, while Paris Saint-Germain have also expressed their interest. However, the report states that Olise has no intention of returning to England and is likely to move to Spain if he leaves the Allianz Arena, with Real Madrid and Barcelona showing interest in signing him.

The source describes Liverpool's interest as retained and suggests they could make a move in the future. No formal bid, agreed fee or negotiation stage is reported by either club.

Why Liverpool and Arsenal are looking at Michael Olise

Liverpool's need for a left-footed right-winger has been evident since Mohamed Salah departed as a free agent. The Reds signed Victor Muñoz and Bradley Barcola this summer to reinforce their frontline, but Andoni Iraola currently has Rio Ngumoha, Federico Chiesa and Cody Gakpo as wide options. None of them are left-footed right-wingers like Salah, and Federico Chiesa has struggled to find his feet in the Premier League since joining from Juventus, while Rio Ngumoha is still very young and needs time to develop.

Arsenal, by contrast, already have Bukayo Saka and Noni Madueke as right-wing options, with Max Dowman emerging. Mikel Arteta does not need to invest more to add depth in that position unless someone leaves. That makes the Olise link more speculative at the Emirates than at Anfield, though his quality would still be a coup for either club.

Manchester City's presence in the race adds another layer. If Olise does eventually become available, the Premier League interest could turn into a genuine auction — but the player's reported preference for Spain complicates any English move. Real Madrid and Barcelona would hold the advantage if he decides to leave Bayern.

Talking points

  • Should Liverpool break their wage structure for a player who has no intention of returning to England? The reported interest only makes sense if they believe they can change his mind.
  • Is Arsenal's interest genuine or just opportunistic? With Saka, Madueke and Dowman, spending £152m on another right-winger would be a luxury Arteta does not need.
  • If Bayern make Olise one of their highest-paid players, does any Premier League club stand a realistic chance? The new contract could end the saga before it starts.
  • Would a move to Real Madrid or Barcelona suit Olise better than Anfield or the Emirates? The source suggests Spain is his preferred destination.

What happens next

Bayern Munich are expected to formalise their new long-term contract offer to Olise, which would be the decisive moment in this saga. If he signs, Liverpool, Arsenal, Manchester City and PSG will have to look elsewhere. If he delays, the interested clubs may test Bayern's resolve. The player's preference for Spain remains the biggest obstacle for any Premier League side.

Frequently asked questions

Will Liverpool sign Michael Olise?

Liverpool reportedly retain an interest and could make a move in the future, but no formal approach or bid is reported. Olise is valued at around £152m.

Is Michael Olise returning to the Premier League?

According to the source, Olise has no intention of returning to England and is likely to move to Spain if he leaves Bayern Munich, with Real Madrid and Barcelona interested.

Why do Liverpool need a left-footed right-winger?

Since Mohamed Salah's departure as a free agent, Liverpool lack a left-footed right-winger, with Rio Ngumoha, Federico Chiesa and Cody Gakpo not fitting that profile.

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