The Bayern Munich forward, who came through Reading’s under-18s before breaking into the first team in the Championship, is being talked about in Madrid as a potential Galáctico signing with a price tag reportedly heading towards €190m.
Olise joined Reading’s Academy after spells at Arsenal, Chelsea and Manchester City, eventually earning the club’s Scholar of the Year award and making his professional debut for the Royals in 2019. From there, the playmaker built his reputation with eye‑catching performances in the Championship, before earning a move up the ladder and, ultimately, into Bayern’s star‑studded frontline and the France national team.
Spanish outlet Sport and other reports claim Florentino is ready to put €190m on the table to prise him away from Munich. Real Madrid are said to have viewed the Reading‑trained forward as their first‑choice attacking target this summer, before sounding out alternatives such as Julián Álvarez when it became clear Bayern were in no mood to sell.
The move would rank among the most expensive deals the Bernabéu has ever sanctioned, placing a former Royals academy graduate in the same financial bracket as the biggest names of the Galáctico era. For Madrid, Olise is framed as a long‑term project signing: a creative, technical attacker capable of shaping their frontline for years rather than just adding short‑term star power.
Bayern, for their part, have pushed back hard against the speculation. Club president Herbert Hainer has been quoted in Germany as saying Florentino “can save himself the trouble” of any offer because Bayern “do not want to sell” Olise. The Bavarian giants have stressed they see the France international as a cornerstone of their future and have asked for constant transfer talk around the player to stop.marca+1
Real Madrid have even felt the need to issue a statement insisting they have had “no direct or indirect contact” with Olise, his representatives or his entourage, as the story has swirled across Europe. For now, any Reading‑to‑Real narrative remains hypothetical – but the numbers being mentioned show just how far an academy graduate has travelled from his days in Berkshire.