---
description: Real Madrid lead the Michael Olise next club odds, with PSG and Liverpool also priced to sign the Bayern Munich winger.
title: Michael Olise Next Club Odds: Will Real Madrid Move For Winger?
image: https://cdn.oddspedia.com/images/betting/2026/07/2026-04-28T200239Z_750710514_UP1EM4S1IUX9C_RTRMADP_3_SOCCER-CHAMPIONS-PSG-FCB.jpg
---

The Michael Olise next club odds make Real Madrid favourites to sign the Bayern Munich winger, with PSG and Liverpool the only other clubs currently quoted.

A return to England would be one of the summer’s biggest deals, so follow our [Premier League transfer odds](https://oddspedia.com/insights/football/premier-league-transfer-odds) for the latest prices involving other leading targets.

> Bayern’s message is clear: Olise is not for sale...

Despite the available transfer odds, Olise remains under contract at Bayern until June 2029, and the club have repeatedly dismissed the prospect of a sale.

In this article, we compare the latest Michael Olise transfer odds and assess whether any of the quoted destinations look realistic.

## Michael Olise next club odds

Real Madrid lead the Michael Olise next club odds, with PSG the only other club priced below 20/1\. Liverpool are much further back, which leaves the market focused mainly on whether either of Europe’s two biggest spenders can tempt Bayern Munich into a sale.

| Club to sign before 2 September 2026 | Odds | Decimal odds | Implied probability |
| ------------------------------------ | ---- | ------------ | ------------------- |
| Real Madrid                          | 2/1  | 3.00         | 33.33%              |
| PSG                                  | 5/1  | 6.00         | 16.67%              |
| Liverpool                            | 25/1 | 26.00        | 3.85%               |

_Odds provided by Coral – accurate as of 4 August 2026._

## Michael Olise next club odds analysis

Real Madrid, PSG and Liverpool are the only potential destinations currently quoted, but Bayern’s refusal to sell remains the most important factor in the market. With no price available on Olise staying, the odds only compare the clubs that could sign him rather than the most likely overall outcome.

### Bayern Munich determined to keep Michael Olise

Staying at Bayern appears more likely than any individual transfer outcome. Olise joined from Crystal Palace in July 2024 and is under contract until June 2029, leaving Bayern under no pressure to negotiate.

Bayern president Herbert Hainer used the words _“he can save himself the trouble”_ when discussing the possibility of Real Madrid submitting an offer. He also described Olise as a player with a long-term contract and insisted that Bayern are not a selling club.

That position has since been reinforced by reports that Real Madrid have told Bayern they do not intend to make an approach this summer. Olise and his representatives have also reportedly reaffirmed their commitment to the German champions, making any transfer price difficult to support without a major change in circumstances.

### Real Madrid favourites in Michael Olise transfer odds – 2/1

Real Madrid remain favourites among the potential destinations, and the sporting fit is easy to understand. Olise can create and score from the right, is entering his prime and has become one of Bayern’s most influential attackers.

However, the 2/1 price now looks particularly short. The latest reporting suggests Madrid have no intention of pursuing the transfer during this window, while Bayern have repeatedly ruled out a sale.

Madrid may still be a credible future destination, but this market settles on a move before 2 September. On that basis, their position at the head of the betting appears to reflect Olise’s profile and previous speculation more than evidence that a deal is moving forward.

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### PSG second favourites to sign Olise – 5/1

PSG are the only club priced close enough to Real Madrid to look like a genuine alternative, but the link still feels more theoretical than active. Olise would suit their attack and a return to France has an obvious appeal, yet there has been little sign of PSG testing Bayern’s resolve.

That matters because Bayern are not in a position where they need to sell. PSG would have to make an exceptional offer and convince Olise that leaving a central role in Munich is the right step.

At 5/1, the price looks to be based more on PSG’s financial power and Olise’s profile than on evidence that negotiations are developing.

### Liverpool outsiders in the market – 25/1

Liverpool are much further back at 25/1 despite previous links with a Premier League return. The fit is easy to see, but the practical route to a deal is not.

Bayern sporting director Max Eberl previously said the club were not spending _“a second”_ considering a sale, which underlines how little encouragement Liverpool have been given.

The odds reflect that reality. A move would require Bayern to reverse a firm position, Liverpool to commit to a huge fee and Olise to walk away from a long-term deal at a club where he is already an important player.

## How to bet on Michael Olise next club odds

Next club betting requires you to predict which team a player will join under the terms set by the bookmaker. Markets may apply only to the current transfer window, the player’s next permanent club or any move completed before a specified deadline.

### Check whether staying is a listed outcome

Some transfer markets quote only potential destinations and do not include the player remaining at his current club. This is particularly important in the Michael Olise next club odds because Bayern are publicly insisting that he will stay, despite not appearing as a selectable outcome.

### Prioritise firm transfer developments

Official bids, direct negotiations and comments from the clubs involved should carry more weight than general reports of interest. A team may admire a player without being prepared to meet the asking price or submit a formal offer.

### Consider the player’s contract

A long contract strengthens the selling club’s negotiating position and reduces the pressure to accept an offer. Olise’s Bayern deal runs until 2029, meaning the German club can reject approaches unless the transfer fee or the player’s wishes cause their position to change.

### Compare transfer odds and promotions

Prices can vary between operators, particularly after a new report or public statement. Compare the market through the [best football betting sites](https://oddspedia.com/bookmakers/football) and review the latest [betting offers](https://oddspedia.com/bookmakers/betting-offers/).

You can also check the latest [free bets](https://oddspedia.com/free-bets) before placing a selection, while always reviewing the qualifying terms and market restrictions.

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## Michael Olise next club odds FAQs

### Who are the favourites in the Michael Olise next club odds?

Real Madrid are the 2/1 favourites, with PSG next at 5/1 and Liverpool much further back at 25/1\. Bayern Munich are not listed because the market only covers potential destinations, even though staying in Germany appears the most likely overall outcome.

### Will Michael Olise leave Bayern Munich?

A summer transfer looks difficult. Bayern have repeatedly said they do not intend to sell Olise, while his contract runs until June 2029\. A deal would likely require an exceptional offer and a clear change in the player’s position.

### Why are Real Madrid favourites to sign Michael Olise?

Real Madrid have been linked with Olise more consistently than any other club and would be an obvious destination if Bayern ever became willing to negotiate. However, recent reports suggest Madrid are not planning a move this summer, so the 2/1 price appears to reflect longer-term interest rather than an advanced deal.

### Could Michael Olise return to the Premier League?

Liverpool are the only Premier League club currently quoted, at 25/1\. Olise’s previous success with Crystal Palace makes the link easy to understand, but Bayern’s refusal to sell and his long-term contract make an immediate return to England unlikely.

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 / _ \   |   \   |   \  / __|  | _ \  | __|  |   \  |_ _|   (_)_\(_)
| (_) |  | |) |  | |) | \__ \  |  _/  | _|   | |) |  | |     / _ \
 \___/   |___/   |___/  |___/  |_|    |___|  |___/  |___|   /_/ \_\

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