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Real Madrid and Liverpool are keeping an eye on Bayern Munich winger Michael Olise. The club aims to extend the Frenchman's contract until 2032, including a massive release clause of over €200 million.

Real Madrid and Liverpool are locked in a fierce battle for Bayern Munich winger Michael Olise.

The player himself has yet to decide whether he will leave the club or sign a new deal. Olise's representatives are insisting that any new contract must include a mandatory release clause.

Bayern are keen to extend his contract until 2032, with the intention of making him one of the highest earners at the club, alongside Harry Kane and Jamal Musiala.

Currently, Olise's deal runs until 2029 and does not contain a buyout clause. Bayern's hierarchy is demanding a release clause of over €200 million. This hefty figure would serve as a solid safety net for the German club.

According to SPORT BILD, negotiations are proving complicated without this clause being agreed upon. Meanwhile, Real and Liverpool continue to monitor the situation closely.