With a reported £120million price tag, the money involved alone makes this a challenging transfer to complete. The money, however, is exactly why this is a deal Bayern Munich might not be able to say no to.
If you read between the lines and look beyond the propaganda fed in the media from official club sources, agent leaks and use the BS or no BS filter fans need to predict which transfers will prove true, Olisé looks like a signing well poised for the taking if FSG show the same financial impetus as last summer.
Step back for a moment.
Ignore the public statements, the briefings, the predictable “not for sale” messaging, and instead look at the squad reality inside Bayern Munich.
Because once you do that, the situation starts to look far less impossible.
Look at Bayern’s forward line: the picture begins to take shape
Right now, Bayern’s attacking options include the following:
- Serge Gnabry (30)
- Jamal Musiala (23)
- Luis Diaz (29)
- Harry Kane (32)
- Michael Olisé (24)
- Lennart Karl (18)
- Nicolas Jackson (24)
At first glance, that looks stacked. But look longer term and you start to see the problem Bayern’s hierarchy are quietly facing.
Nicolas Jackson has already been identified as a player unlikely to remain long-term.
?? | ???? ??: Newcastle are INTERESTED in signing Nicolas Jackson this summer.
[@GraemeBailey] pic.twitter.com/je06E6OMAn
— MatchdayHQ (@TheMatchdayHQ) March 20, 2026
Serge Gnabry has just turned 30 and, while still useful, no longer looks like the cornerstone of Bayern’s future attack. More likely, he transitions into a squad role similar to how Thomas Muller gradually shifted into a supporting role late in his career.
The crown jewels and the future core
There are two players Bayern will clearly build around.
The first is Jamal Musiala. He is the centre-piece of the football project at Bayern. He is arguably the most important attacking player at the club for the next five to eight years.
The effect of Liverpool signing Florian Wirtz from underneath Bayern’s noses is that they stole one of Germany’s two big talents. Bayern would have had both were it not for Liverpool’s £116m move.
The second is Lennart Karl. An elite young talent who still needs time to develop consistent end-product numbers but is widely viewed as part of the long-term core.
Beyond that, things become more complicated.
? Market value update :
?? Michael Olise (€140m)
?? Aleksandar Pavlovi? (€75m)
?? Josip Staniši? (€35m)
?? Jonas Urbig (€15m)?? Jamal Musiala (€120m)
?? Alphonso Davies (€45m)
?? Nicolas Jackson (€40m) pic.twitter.com/uzv3galzWV— Bayern Focus (@FCBayernFocus) March 20, 2026
Luis Diaz has been excellent for the German club this season since leaving Liverpool, but realistically, his peak window may last two or three more seasons before Bayern are forced to transition again. At that stage, resale value drops sharply often meaning players leave for reduced fees or even on free transfers.
The same applies, to an extent, to Harry Kane. He remains world-class, but he is already in the later phase of his peak years.
He faces a similar fate to Mohamed Salah over the last few months, with the Egyptian approaching 34. Whether decline begins soon or he engineers a future move elsewhere, Bayern are unlikely to recover anything close to the fee they originally paid.
Why Olisé becomes the obvious financial lever for Liverpool to pull
That leaves Michael Olisé. Arguably the most valuable flexible asset in Bayern’s attack.
He’s at an ideal age, producing elite output, highly marketable and still carrying strong resale value.
This is where the financial reality kicks in: Bayern face the challenge of rebuilding significant parts of their attack, and potentially midfield, over the next two seasons if they want to remain competitive at the very top of European football.
But the key issue is that they do not have many players capable of generating major transfer funds.
Realistically, there are only two who could command enormous fees and they are Musiala and Olisé. If Musiala is untouchable, that leaves Olisé.
? ????: Michael Olise has now produced 18 goals + 23 assists in all competitions this season.
41 G/A in 45 games. pic.twitter.com/USQHAvv8ta
— The Touchline | ? (@TouchlineX) March 21, 2026
The business logic Bayern cannot ignore
From a squad-building perspective, Olisé represents what clubs often call a “golden goose” asset. Signed for a relatively modest fee, he now carries the potential to generate massive profit.
A sale in the region of £110m–£130m would:
- Deliver enormous profit
- Fund multiple incoming signings
- Accelerate a planned rebuild
- Reduce long-term risk in an ageing attack
And it is why public denials should always be viewed cautiously.
When Bayern officials or aligned journalists say Olisé is staying, that should not automatically be taken as a final position.
In many cases, statements like that serve two purposes: protect fan confidence and strengthen negotiating leverage.
It is classic transfer-market strategy. Clubs rarely advertise willingness to sell a premium asset. They first signal resistance, protect image, and then wait for the right offer. Only then do conversations become serious.
So could Liverpool really sign him?
It will all come down to whether or not Liverpool value Olisé at £120m. If they think he’s worth around the same as Alexander Isak, then yes.
From a purely football and financial standpoint, the possibility of Michael Olisé leaving FC Bayern Munich is not unrealistic.
??? ??????? ????? (??) vs Atalanta:
• MOTM
• 2 GOALS
• 1 ASSIST
• 7 Chances Created
• 87% Pass Accuracy, 55/63
• 9 Touches In Opposition Box
• 100% Successful Long Balls, 2/2
• 9 Touches In Opp. Box
• 8 Ball Recoveries?????-????? ?? pic.twitter.com/o2LJlVtmDI
— Rising Stars XI (@RisingStarXI) March 10, 2026
In fact, evidence is that a sale becomes increasingly likely if the right offer arrives.
The real question is not whether Bayern would ever sell. It’s whether Liverpool FC (or any other club) are prepared to pay what it would take.
Because if Olisé does move, it will almost certainly require a British transfer record-level fee, a special long-term footballing project and the belief he can translate his form at Bayern to the Premier League.
And that, far more than Bayern’s public stance, is where the real decision will be made.
