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Article continues belowArticle continues belowArticle continues below<ul><li>Olise wage revealed</li><li>Bayern triggered £55m ($69.5m) release clause</li><li>Chelsea pull out of race</li></ul><script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script>

Michael Olise's eye-watering Bayern Munich wage revealed ahead of Crystal Palace transfer as reason for Chelsea's hesitance becomes clear

Olise is set to take home an estimated £220,000-a-week ($280,000) wage at Bayern and more than double his current wage at Palace, <a href="https://x.com/cfbayern/status/1804244739262153040?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1804244739262153040%7Ctwgr%5E5d1e8c7a68e5428460e2f1da0d5feb163e3d7edb%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.dailymail.co.uk%2Fsport%2Ffootball%2Farticle-13556911%2FMichael-Olise-Bayern-Munich-wage-Crystal-Palace.html" target="_blank">according to Christian Falk</a>. The winger had <a href="https://www.goal.com/en-gb/lists/chelsea-agree-personal-terms-with-michael-olise/blt912196b414fcc822" target="_blank">seemed set on a move across the capital to join Chelsea</a>, but Bayern have <a href="https://www.goal.com/en-gb/lists/chelsea-michael-olise-crystal-palace-bayern-munich-move-harry-kane/bltc0e30d9892b76dae" target="_blank">swooped in to trigger the £55m release clause</a> in the player's contract.

WHAT HAPPENED?

The reason why Bayern were able to gain ground and gazump Chelsea in the market was because of Olise's release clause. The Bavarian giants were able to sneak in ahead of the Blues as the release clause could only be activated by sides playing in the Champions League. Chelsea, on the other hand, were unable to agree a deal with the Eagles and missed out on their man.

DID YOU KNOW?

Chelsea have already begun making moves to snap up yet more young talent after missing out on Olise. They are likely to complete the signing of Aston Villa youngster <a href="https://www.goal.com/en-gb/lists/chelsea-omari-kellyman-transfer-aston-villa/bltd701b5062b6eeff0#cs891e907f021c33e6" target="_blank">Omari Kellyman in a £19m ($24m) move</a> with <a href="https://www.goal.com/en-gb/lists/borussia-dortmund-snubbed-chelsea-ian-maatsen-aston-villa-transfer/blt4bb3dba3b3dcb02c" target="_blank">Ian Maatsen going the other way for £37.5m ($47m)</a>.

THE BIGGER PICTURE

Pre-season preparations for a new era under Enzo Maresca's stewardship will get underway next month with the <a href="https://www.goal.com/en-gb/lists/chelsea-wrexham-premier-league-league-two-ryan-reynolds-rob-mcelhenney/blt736a416bfbdb89cd" target="_blank">Blues facing Wrexham in their first game</a> of their tour of the USA on 24 July. They then face Celtic, Club America, Manchester City and Real Madrid to complete their American adventure.

WHAT NEXT FOR CHELSEA?

Michael Olise's eye-watering Bayern Munich wage revealed ahead of Crystal Palace transfer as reason for Chelsea's hesitance becomes clear | Goal.com US

Michael Olise&apos;s wage at Bayern Munich has been revealed as the young French winger appears set to complete his move to Germany.