Real Madrid wants you to know they are not, in fact, trying to sign Michael Olise. The club issued a formal statement on June 20 denying any direct or indirect contact with the Bayern Munich winger or his representatives.

The statement went out of its way to emphasize the club’s “respectful relationship” with Bayern Munich.

The rumors that wouldn’t die

For weeks, reports had been building that Real Madrid were circling Olise. Some outlets floated potential transfer fees ranging from €150M to north of €220M, which would have placed the deal in rarefied air, second only to Neymar’s €222M move from Barcelona to PSG back in 2017.

Bayern Munich president Herbert Hainer had already made the club’s position clear in early June. Olise’s contract runs through 2029, and Bayern’s plan is to extend it further to 2031 following the 2026 World Cup. Hainer’s message was about as subtle as a sledgehammer: Bayern Munich is not a club that sells its players.