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Article continues belowArticle continues belowArticle continues below<script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Chelsea have a deal in principle with Olise</li><li>Negotiations are ongoing with Crystal Palace</li><li>Blues could well pay over £60m for the forward</li></ul>

Chelsea agree personal terms with Michael Olise as Blues push to complete deal before their competitors

According to <a href="https://www.teamtalk.com/chelsea/exclusive-chelsea-agree-terms-michael-olise-above-market-offer-crystal-palace-transfer" target="_blank">TEAMtalk,</a> the winger has given his verbal approval to Chelsea's proposed terms. Although he remains open to considering offers from other interested clubs, Chelsea's proposal appears to be particularly appealing to him. The Blues are optimistic about securing the deal, bolstered by the belief that <a href="https://www.goal.com/en-gb/lists/michael-olise-transfer-accelerated-amid-crystal-palace-links-man-utd-chelsea-explained/bltcadebb180796628a" target="_blank">Manchester United might not be able to match</a> his £60 million ($76.5m) release clause financially as they are trying to sign a top-quality centre-back and are also walking a tight rope with Premier League's Profit and Sustainability Regulations (PSR).

WHAT HAPPENED?

Chelsea plan to pay a <a href="https://www.goal.com/en-gb/lists/michael-olise-chelsea-man-utd-crystal-palace-release-clause/bltc8d0f8d135dc339a" target="_blank">substantial upfront fee supplemented by structured payments</a> spread over many years which would see the final deal be worth well over £60 million. They are already in touch with Palace and are keen to <a href="https://www.goal.com/en/lists/michael-olise-chelsea-man-utd-crystal-palace-release-clause/bltc8d0f8d135dc339a" target="_blank">wrap the deal quickly as Newcastle United and Bayern Munich </a>have also expressed their interest in the player.

THE BIGGER PICTURE

Olise's integration into Chelsea's squad could be eased by his existing relationships with several first-team players. Moreover, his brother is a Chelsea academy player and has recently signed a contract extension at Cobham, ensuring his stay at the West London club for the foreseeable future.

DID YOU KNOW?

Despite facing competition from top European clubs, Chelsea's proactive negotiations and attractive proposal to the player have positioned them favourably in the race to sign Olise. They are preparing for a new chapter under the management of Enzo Maresca and the club is keen to build a squad capable of competing at the highest levels in England and Europe.

WHAT NEXT?

Chelsea agree personal terms with Michael Olise as Blues push to complete deal before their competitors | Goal.com

Chelsea have reportedly agreed to personal terms with Michael Olise as the Blues aim to complete the deal before their rivals.