Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report | OneFootball

Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report | OneFootball

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·20 June 2026

Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report

Article image:Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report

Real Madrid could be preparing one of the most ambitious transfer operations of the summer as club president Florentino Perez explores a deal for Bayern Munich winger Michael Olise that could involve both a huge cash offer and the departure of a key first-team midfielder.

It must be remembered that Olise has emerged as the preferred attacking target for Real Madrid, with the club viewing the French international as an ideal addition to Jose Mourinho’s squad. 


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However, convincing Bayern Munich to part ways with one of their most valuable players will not be straightforward.

As a result, Los Blancos are considering a creative proposal that could see either Aurelien Tchouameni or Eduardo Camavinga included in negotiations to reduce the overall transfer cost.

Olise is Real Madrid’s priority target

Real Madrid’s interest in Michael Olise is not new, but the pursuit now appears to be gathering momentum.

Article image:Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report

Olise is Real Madrid’s priority target. (Photo by Dan Mullan/Getty Images)

In fact, according to Defensa Central, Real Madrid are willing to commit a substantial financial package to complete the transfer. 

Depending on the structure of the deal, the club could offer between €100 million and €130 million in addition to one of their midfielders.

The proposal would not be a direct player swap but rather two separate operations designed to benefit both clubs financially.

Tchouameni and Camavinga acting as bargaining chips

A key aspect of the plan revolves around Bayern Munich’s long-standing admiration for both Tchouameni and Camavinga.

The German champions have explored the possibility of signing the French midfield duo in the past, and Real Madrid are now considering whether one of them could be used to facilitate negotiations.

Article image:Real Madrid considering blockbuster Michael Olise offer involving €130m plus first-team star – report

Real Madrid are ready to offer either Tchouameni or Camavinga to sign Olise. (Photo by Juan Manuel Serrano Arce/Getty Images)

If Tchouameni were included, Real Madrid would value him at around €100 million. 

In that scenario, the club could offer approximately €100 million in cash for Olise, creating a package worth close to €200 million overall.

Meanwhile, if Camavinga were the player involved, Madrid would value him at around €70 million. That would increase the cash portion of the proposal to roughly €130 million.

In either case, it is important to note that the total valuation of the operation would still approach the €200 million mark.

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