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Bayern confirm £60m signing of Olise from Palace

Bayern Munich have signed winger Michael Olise from Crystal Palace on a five-year deal after paying a release clause of about £60m.

The 22-year-old English-born France Under-21 forward made 90 appearances in all competitions over three seasons with Palace.

He joined the Eagles from Reading for £8m in July 2021.

Chelsea and Newcastle United registered their interest in Olise earlier this summer but the winger has chosen to move to Germany, where he will work under Bayern's new manager Vincent Kompany.

"I'm very happy to now be playing for such a big club - it's a great challenge and that's exactly what I was looking for," said Olise.