MX23RW : Monday, June 6 07:04:31| >> :120:8278:8278:

Crystal Palace's Michael Olise closing in on new contract?

Palace's Michael Olise closing in on new contract?
© Reuters
Crystal Palace are close to striking an agreement over a new contract for their 20-year-old winger Michael Olise, according to a report.

Crystal Palace have moved closer to striking an agreement over a new contract for their winger Michael Olise, according to a report.

The Frenchman only joined the Eagles on a five-year contract from Championship side Reading last summer, but following reports that the 20-year-old's deal includes a £35m release clause, the club have become keen to secure his future in South London.

Olise has impressed in his debut campaign in the Premier League, having scored four goals and registered eight assists in 31 appearances across all competitions since Palace triggered his £8m release clause last summer.

As a result of his form this year, the Palace hierarchy, and their supporters, have become concerned over the release clause included within his current contract, but The Athletic are reporting that a new deal is close to being agreed.

The report suggests that the new deal would only add a further 12 months to his current stay, tying him down at Selhurst Park until 2027, but would significantly increase the clause to a level that would see Palace receive a record transfer fee were it triggered.

Aaron Wan-Bissaka's £50m move to Manchester United is the current record fee received by Patrick Vieira's side, and were Olise's new contract to be agreed, an interested club would have to eclipse the fee paid by the Red Devils for their former full-back.

The report continues with how Olise is keen to stay at Palace, and with no interest in seeing his salary increased, an agreement is close to being struck.

ID:485512:1false2false3false:QQ:: from db desktop :LenBod:collect2993:

Click here for more stories about Michael Olise

Click here for more stories about Crystal Palace

Collect / Create New Data
Share this article now:
Did you know...?
Bruno Fernandes scores a penalty for Manchester United against Newcastle United in the Premier League on February 21, 2021
Read Next:
PL Team of the Week - Fernandes, Rashford, Pickford
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.

rhs 2.0
Todays Game Header Right
Tables
TeamPWDLFAGDPTS
CManchester CityMan City38296399267393
2Liverpool38288294266892
3Chelsea382111676334374
4Tottenham HotspurSpurs382251169402971
5Arsenal382231361481369
6Manchester UnitedMan Utd381610125757058
7West Ham UnitedWest Ham38168146051956
8Leicester CityLeicester381410146259352
9Brighton & Hove AlbionBrighton381215114244-251
10Wolverhampton WanderersWolves38156173843-551
11Newcastle UnitedNewcastle381310154462-1849
12Crystal Palace381115125046448
13Brentford38137184856-846
14Aston Villa38136195254-245
15Southampton38913164367-2440
16Everton38116214366-2339
17Leeds UnitedLeeds38911184279-3738
RBurnley38714173453-1935
RWatford3865273477-4323
RNorwich CityNorwich3857262384-6122

Subscribe to our Newsletter


Match previews - Daily
Transfer Talk Daily
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!