Chelsea have reportedly triggered a £35 million release clause in Michael Olis’s contract. This move is set to pave the way for the Crystal Palace winger’s transfer to the West London club. The completion of the signing is expected to happen soon.
Michael Olise, a 21-year-old talent of France’s Under-21 international team, is poised to become one of Chelsea’s new signings if the deal goes through.
However, a hamstring injury he suffered during the Under-21 European Championship might keep him from playing until the end of September.
Olise’s journey began when he joined Crystal Palace from Reading in 2021 on a five-year deal. He quickly established himself as a key player under Roy Hodgson’s management. The 2022–23 season turned out to be remarkable for him, as he clinched both the Player of the Season and the club’s Goal of the Season awards.
Notably, Olise achieved a Premier League record for Palace by providing more than 10 assists in a single season. He also became the youngest player to secure three assists from open play in a Premier League match. His impressive 11 assists ranked him fourth in the league.
While Chelsea’s pursuit of Olise highlights their transfer activity, the club has been heavily investing in the summer transfer window. With Moises Caicedo’s arrival for a British record of £115 million, the club’s spending this summer has exceeded £275 million.