Chelsea strike ‘agreement’ for Man City target with PL star set to sign on long-term deal

Joe Williams
Chelsea transfer target Michael Olise
Michael Olise during a Premier League match.

Premier League side Chelsea have agreed a fee ‘in principle’ for Crystal Palace midfielder Michael Olise, according to reports in France.

The Blues have continued their spending spree this summer after forking out around £600m on transfer fees over the previous couple of transfer windows.

Moises Caicedo joined yesterday from Brighton in a deal that could be worth up to £115m with £100m of that guaranteed.

The Ecuador international joins Angelo, Lesley Ugochukwu, Robert Sanchez, Nicolas Jackson, Axel Disasi and Christopher Nkunku as new signings this summer with reports claiming Southampton midfielder Romeo Lavia is also closing in on a move to Stamford Bridge.

And Olise – who also been linked with Manchester City – could follow with RMC Sport journalist Fabrice Hawkins insisting that Chelsea and Crystal Palace have an “agreement in principle” in a deal worth €40m (£35m).

The player also has an “agreement” with Chelsea, Hawkins tweeted: “Agreement in principle between Crystal Palace and Chelsea for Michael Olise. The signing of the international Espoirs with the Blues is becoming clearer Compensation close to its clause which is slightly less than 40M. Olise agreement / #CFC revealed @RMCsport. Long-term contract.”

READ MORE: Mediawatch: Moises Caicedo should have joined Liverpool because Chelsea lost to Oxford in 1985

And The Athletic journalist David Ornstein confirmed Hawkins’ claims, he tweeted later: “Chelsea believed to have activated release clause in Michael Olise contract & expect to complete signing in due course. If deal finalised it would guarantee Crystal Palace £35m. 21yo recovering from injury.”

Crystal Palace boss Roy Hodgson, whose side made a good start to the new Premier League season with a 1-0 win over Sheffield United, was unsure on Olise’s future when asked recently.

When put to him last week how confident he was of Olise staying, Hodgson told Sky Sports: “No one knows really at this moment in time.

“If there are clubs who are desperately or seriously preparing a bid and tempting him away then he’ll have a decision to make. I can only wait and see if there are clubs who are going to come in and make those bids and tempt him away, and in that situation what decision is he going to make, because he also knows that we are really very keen to keep him here.

“We really believe this is a good place for him and that we can provide him with a very good platform to go forward in his career.

“But unfortunately these matters are totally out of my hands – everything will depend I suppose on what happens in the future.

“You can never be certain as a manager that the players you’ve got, you like and you want are always definitely going to stay because we have a transfer market.

“I can only hope that transfer market doesn’t on this occasion punish us by persuading one of our very, very important key players to move.”