Fabrizio Romano has revealed that Real Madrid were never really interested in Ateltico Madrid star Julian Alvarez and their âŹ150m offer was a âbluffâ as they prepare a âŹ220m bid for the real âGalacticoâ target.
After Perez vowed to make a mammoth bid for a new âGalacticoâ as part of his presidential campaign, following his election victory, Real Madrid confirmed they had had a bid rejected by Atletico for Alvarez.
Real Madrid confirmed in a statement: âReal Madrid C. F. announces that, following the meeting of the Board of Directors held today, it has made an offer of 150 million euros to Club Atletico de Madrid for the federative rights of the player Julian Alvarez.
âAfter reviewing and evaluating the offer, Club Atletico de Madrid has expressed its gratitude for the proposal, made within the framework of the good relations between both clubs, and has rejected it, referring to the playerâs release clause.â
Alvarezâs release clause is understood to be worth a ridiculous 500 million euros, but journalist Ben Jacobs later claimed he could leave Atletico Madrid in a cut-price deal.
Jacobs claimed: â26-year-old Alvarez remains contracted until 2030 leaving Atleti in a strong position, but club CEO Miguel Ăngel Gil and former sporting director Andrea Berta put in provisions for Alvarez to leave for a lower number than his official release clause when he joined from Manchester City in 2024.â
But as it turns out, the Real Madrid bid for Alvarez was a âbluffâ as they prepared to launch a bid for their real target, Bayern Munichâs Michael Olise, according to Fabrizio Romano.
He said (via @iMiaSanMia): âThe âgalĂĄcticoâ Florentino PĂ©rez spoke about was and has always been Michael Olise. The name of the Frenchman has been mentioned in Real Madrid meetings these days and weeks. Olise remains the dream of Real Madrid. Bayernâs stance remains: they donât want to sell the player and are prepared to offer him a contract on very big numbers.
âThe feeling is that the JuliĂĄn Alvarez interest and âbidâ by Real Madrid was a bluff. They didnât bid for Olise after Herbert Hainerâs statements because they knew that âŹ150m was never going to be enough. Olise is now completely focused on the World Cup with France. Weâll understand more after that, with Bayernâs position unchanged.â
âŹ220m bid incoming?
Bayern president Hainer insisted that the Bundesliga club wonât listen to any offers for Olise.
Hainer recently told Bild: âMichael Olise is a Bayern Munich player who still has a long-term contract â and we are not a club that sells players. If Florentino Perez wants to send us an offer â which hasnât happened yet â he can save himself the trouble.â
But Marca report that resolve looks set to be tested, as Real Madrid are preparing to launch a bid of up to âŹ220m for the former Crystal Palace winger.
The report states: âMadrid still have those âŹ150 million ready, but prying Olise away from Bayern could cost significantly more. In fact, the club could push the bid beyond âŹ200 million, potentially up to âŹ220 million.
After Perez vowed to make a mammoth bid for a new âGalacticoâ as part of his presidential campaign, following his election victory, Real Madrid confirmed they had had a bid rejected by Atletico for Alvarez.
Real Madrid confirmed in a statement: âReal Madrid C. F. announces that, following the meeting of the Board of Directors held today, it has made an offer of 150 million euros to Club Atletico de Madrid for the federative rights of the player Julian Alvarez.
âAfter reviewing and evaluating the offer, Club Atletico de Madrid has expressed its gratitude for the proposal, made within the framework of the good relations between both clubs, and has rejected it, referring to the playerâs release clause.â
Alvarezâs release clause is understood to be worth a ridiculous 500 million euros, but journalist Ben Jacobs later claimed he could leave Atletico Madrid in a cut-price deal.
Jacobs claimed: â26-year-old Alvarez remains contracted until 2030 leaving Atleti in a strong position, but club CEO Miguel Ăngel Gil and former sporting director Andrea Berta put in provisions for Alvarez to leave for a lower number than his official release clause when he joined from Manchester City in 2024.â
But as it turns out, the Real Madrid bid for Alvarez was a âbluffâ as they prepared to launch a bid for their real target, Bayern Munichâs Michael Olise, according to Fabrizio Romano.
He said (via @iMiaSanMia): âThe âgalĂĄcticoâ Florentino PĂ©rez spoke about was and has always been Michael Olise. The name of the Frenchman has been mentioned in Real Madrid meetings these days and weeks. Olise remains the dream of Real Madrid. Bayernâs stance remains: they donât want to sell the player and are prepared to offer him a contract on very big numbers.
âThe feeling is that the JuliĂĄn Alvarez interest and âbidâ by Real Madrid was a bluff. They didnât bid for Olise after Herbert Hainerâs statements because they knew that âŹ150m was never going to be enough. Olise is now completely focused on the World Cup with France. Weâll understand more after that, with Bayernâs position unchanged.â
âŹ220m bid incoming?
Bayern president Hainer insisted that the Bundesliga club wonât listen to any offers for Olise.
Hainer recently told Bild: âMichael Olise is a Bayern Munich player who still has a long-term contract â and we are not a club that sells players. If Florentino Perez wants to send us an offer â which hasnât happened yet â he can save himself the trouble.â
But Marca report that resolve looks set to be tested, as Real Madrid are preparing to launch a bid of up to âŹ220m for the former Crystal Palace winger.
The report states: âMadrid still have those âŹ150 million ready, but prying Olise away from Bayern could cost significantly more. In fact, the club could push the bid beyond âŹ200 million, potentially up to âŹ220 million.