Bayern Munich is initiating the process of paying the buyout clause for a Premier League star
![Liam Carter](https://cdn.dailysports.net/sport-news/dailysports/authors/20231031/b36ea1b6873992f577608be53784598157e96930e7a9847a5210704cc78cf87a-80-80.jpg)
![Bayern Munich is initiating the process of paying the buyout clause for a Premier League star](https://cdn.dailysports.net/sport-news/dailysports/news/20240622/cd3d61525d369c472fe5885b3674acb76415f0c530156ae4625e7a20d7fe6ae9-860-460.jpg)
Bayern Munich is initiating the process of paying the buyout clause for Crystal Palace's star Michael Olise, according to Fabrizio Romano. The Munich club has already informed the Londoners about this.
The fixed payment for the player amounts to £45 million, with an additional £5 million in bonuses as part of the deal.
The personal terms of a five-year contract between Bayern and the player were agreed upon yesterday.
Previously, it was reported that Crystal Palace had offered its star a new contract. This agreement is set until 2025.
Notably, three clubs have requested permission from Crystal Palace to start negotiations with Olise's representatives, including Chelsea and Newcastle.
Last season, Olise missed a significant amount of time due to injury, but in the 19 matches he did play, he scored 10 goals and provided 6 assists.
![Big scandal. Atletico star's coffee brand logo looks a lot like the symbol of the Nazi SS](https://cdn.dailysports.net/sport-news/dailysports/news/20240703/ad923978cd1e2fbb624644709b70adf355255acaad570e605e35ebfae55815b0-300-170.jpg)
![Stewards brutally kicked a fan during a Euro 2024 match. The police have launched an investigation](https://cdn.dailysports.net/sport-news/dailysports/news/20240703/5d16d9e9efae15051d41b7fb5a8c9abd979cb7b95541fc7c072b1fa7e19149c0-300-170.jpg)
![Golden Boot Euro 2024: who is leading and who is the main favorite to win?](https://cdn.dailysports.net/sport-news/dailysports/news/20240703/495bd5a4eacaf09e76dffb8f35ce2a4189cf9b4718f29dcc49f7f04843baa7db-300-170.jpg)
![Fans filmed a drunken Balotelli. The former Italy player has responded sharply to his critics](https://cdn.dailysports.net/sport-news/dailysports/news/20240702/48bbff9a4d3c2a1d3e18db0cbf0178d78c27074c5b80616c5fbe36c6dd4f250f-300-170.png)