Real Madrid is reportedly preparing a massive £130 million offer to acquire Michael Olise from Bayern Munich, contingent on Florentino Perez winning the upcoming presidential election. This weekend’s election pits Perez against challenger Enrique Riquelme, who has pledged to bring in Erling Haaland and Rodri from Manchester City if he wins. A deal for Olise would surpass the club’s previous record transfer fee of £109 million paid for Jude Bellingham in 2023.
In a separate development, Manchester United midfielder Manuel Ugarte is attracting interest from two Premier League clubs. Both Crystal Palace and Everton have been linked with the Uruguayan international, who is expected to leave Old Trafford this summer after a challenging stint following his move from Paris Saint-Germain. Manchester United is reportedly seeking around £25 million for the 25-year-old, with both Palace and Everton eager to bolster their midfield options.