Michael Olise has rejected Chelsea and committed to another four years with Crystal Palace, Eagles chairman Steve Parish has revealed.
The winger was expected to move to Stamford Bridge after the Blues activated his £35million release clause but appears to have U-turned.
In an Instagram post, Parish wrote: 'I'm absolutely delighted to announce @m.olise has decided to commit his future to Crystal Palace football club and this afternoon signed a new four year deal with the club.'
The news came after Mail Sport revealed Olise's proposed move to Chelsea was unfolding amid 'tapping-up' concerns.
Palace officials were aggravated by Chelsea's interest in the France Under-21 international and were upset the Blues had crossed the line with their conduct in attempts to sign the player.
Chelsea, who have spent enormous sums on new players with almost £1billion spent in 14 months of Todd Boehly’s ownership, tabled a formal bid they believed activated Olise’s release clause.
There had been concerns at Selhurst Park that Chelsea’s potential swoop for Olise had contravened transfer rules and etiquette.
Sources indicated the south London club had considered formally reporting their Premier League rivals for making an illegal approach.
But Olise has now committed to the Eagles beyond the five-year contract he signed with Palace when he joined from Reading in July 2021 for £8.37m.
Hammersmith-born Olise was released by Chelsea as a 14-year-old after spending seven years in the academy as a schoolboy.
blueboysami
658
Just to clarify, he did not reject Chelsea. We already had an agreement in place with Olise. Personal terms were agreed. But Palace didn’t like that we triggered the release clause because they didn’t want people to know that there was one in the first place. They forced him to sign a new deal because they want Chelsea to pay more money for him. He wasn’t really a priority for Chelsea. He was being bought as a good squad player. We have lots of options to go after in that position. He can stay at Palace. We’re not going to overpay for him. 💙💙
seeeioruyz
601
finally someone with sense realised money is not everything
RealAnfield
476
Olise took the revenge on behalf of Liverpool to show Chelsea how disappointment pains
ajeydixit
13
Just to clarify, he did not reject Chelsea. We already had an agreement in place with Olise. Personal terms were agreed. But Palace didn’t like that we triggered the release clause because they didn’t want people to know that there was one in the first place. They forced him to sign a new deal because they want Chelsea to pay more money for him. He wasn’t really a priority for Chelsea. He was being bought as a good squad player. We have lots of options to go after in that position. He can stay at Palace. We’re not going to overpay for him. 💙💙
A Frustrated Chelsea supporter after they taste their own medicine of Hijacking.
yutcklpstu
12
Just to clarify, he did not reject Chelsea. We already had an agreement in place with Olise. Personal terms were agreed. But Palace didn’t like that we triggered the release clause because they didn’t want people to know that there was one in the first place. They forced him to sign a new deal because they want Chelsea to pay more money for him. He wasn’t really a priority for Chelsea. He was being bought as a good squad player. We have lots of options to go after in that position. He can stay at Palace. We’re not going to overpay for him. 💙💙
so you know even better than skysports who broke the news! wow[Crylaugh][Crylaugh][Crylaugh]
Dbeast
8
Just to clarify, he did not reject Chelsea. We already had an agreement in place with Olise. Personal terms were agreed. But Palace didn’t like that we triggered the release clause because they didn’t want people to know that there was one in the first place. They forced him to sign a new deal because they want Chelsea to pay more money for him. He wasn’t really a priority for Chelsea. He was being bought as a good squad player. We have lots of options to go after in that position. He can stay at Palace. We’re not going to overpay for him. 💙💙
Shut up and stop typing trash with loads of contradictions here. Can you be forced against your will? Stop typing trash here as if you were there when he was being forced. What do you call a scenario where a woman agreed to marry you previously and later changed her mind and chose someone else?
JàmesŒ
8
Just to clarify, he did not reject Chelsea. We already had an agreement in place with Olise. Personal terms were agreed. But Palace didn’t like that we triggered the release clause because they didn’t want people to know that there was one in the first place. They forced him to sign a new deal because they want Chelsea to pay more money for him. He wasn’t really a priority for Chelsea. He was being bought as a good squad player. We have lots of options to go after in that position. He can stay at Palace. We’re not going to overpay for him. 💙💙
Source: Trust me bro