Crystal Palace are believed to be nearing a contract agreement with forward Michael Olise, according to journalist David Ornstein.
The respected insider revealed via Twitter that the two parties are “close” to agreeing a new deal, writing of the situation that:
“Crystal Palace in talks with Michael Olise over new contract. Agreement close. Extra year likely but no salary increase. Aim is to raise release clause (£35m) to ensure future sale breaks #CPFC record (£50m) & that would benefit all.”
In his Athletic column on Monday, Ornstein went into further detail about the situation, insisting that the 20-year-old ‘wishes to stay’ at Selhurst Park and will agree to a new one-year extension on his existing deal, with the main aim of the new agreement seemingly to raise his current release clause (£35m) to ward off any potential interest.
This news follows reports earlier this week that suggested clubs were interested in taking advantage of that clause to strike a deal this summer, although any suitor will now likely have to stump up more than the £50m that the club received for the sale of Aaron Wan-Bissaka to Manchester United in 2019.
There will be many of a Palace persuasion breathing a hefty sigh of relief at present, with it looking as if the Eagles have been able to swiftly curtail any notion of a departure by striking a new deal.
The London-born France U21 international has become such an integral asset following a stunning debut campaign in the Premier League, having been snapped up for a bargain fee of just £8m from Championship outfit Reading last summer.
After a slow start to life under manager Patrick Vieira due to injury, the £19.8m-rated starlet has come alive since the turn of the year, chipping in with four goals and eight assists in all competitions thus far this season.
The left-footed speedster has dazzled as a focal point of Vieira’s exciting young side, notably earning praise from pundit Ian Wright, who suggested that “he is going to be somebody that is going to do unbelievable things.”
Dubbed “fearless” by former teammate Sam Baldock, Olise has not looked overawed by the move to the higher level and has showcased his willingness to make an impact in the attacking third, ranking in the top 6% for progressive carries and in the top 11% for progressive passes among players in his position in Europe’s top five leagues.
A young talent with a bright future, it looks as if it’ll be in south London where he continues to develop.
AND in other news: Vieira may finally axe “inevitable” 142-goal Palace dynamo as twist emerges