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Michael Olise release clause in Crystal Palace contract revealed amid Man City interest

Michael Olise release clause in Crystal Palace contract revealed amid Man City interest

This could tempt Man City and Chelsea.

Crystal Palace star Michael Olise has a release clause in his contract amid transfer interest from Manchester City, Fabrizio Romano has revealed.

Olise has been linked with a move to the Etihad Stadium this summer following the departure of Riyad Mahrez to Saudi Pro League side Al Ahli.

Palace boss Roy Hodgson has admitted that the club face a 'fight' to keep the France youth international winger due to interest from several parties.

As well as City, Chelsea are also said to be interested, and have reportedly already placed a bid for the 21-year-old.

Olise arrived at Selhurst Park in 2021 from Championship side Reading, and quickly made a major impression.

An attacking midfielder who can also play as part of a midfield three or as a winger, he provided 11 assists in the Premier League last term - one of only six players to reach double figures.

With Palace having already lost talisman Wilfried Zaha to Galatasaray this summer, they can ill-afford for another one of their key players to leave.

But that is exactly what may happen, due to the presence of a release clause in Olise's contract.

Michael Olise Crystal Palace release clause revealed

According to Romano, Olise's release clause is worth £35 million - a potentially attractive option for both City and Chelsea.

Quoting his original report, Romano wrote on Thursday: "Release clause confirmed. Man City and Chelsea interest confirmed. Olise, one to follow in the next days/weeks."

There may be a significant stumbling block for both sides, however, with Olise currently recovering from a hamstring tear that he suffered while playing for France at the U21 Euros.

Revealing the extent of the problem, Hodgson explained (quotes via London Evening Standard): "It was a serious injury which required an operation. He's well into his rehabilitation but it's going to take a bit longer for him to recover ... we certainly won't be seeing him for a period of time."

One option for City and Chelsea, therefore, could be to make a move for the attacking midfielder in January - but there could still be significant movement during the current transfer window.

Featured Image Credit: Getty

Topics: Michael Olise, Premier League, Crystal Palace, Manchester City, Chelsea, Transfers