Chelsea suffer transfer blow as Michael Olise rejects the blues and signs new four-year deal with Crystal Palace

Michael Olise has rejected Chelsea and committed to another four years with Crystal Palace, Eagles chairman Steve Parish has revealed.

The winger, 21, 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.’

Manager Roy Hodgson added: ‘It’s the best possible news we could have. The decision has been his [Olise’s]. I must congratulate Steve Parish and [sporting director] Dougie Freedman on a fantastic job.’

It is believed Olise will be paid £100,000 a week by Palace under his new deal.

The news came after it was revealed Olise’s proposed move to Chelsea was unfolding amid ‘tapping-up’ concerns.

Palace officials made a swift decision after 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 £1billion spent in 14 months of Todd Boehly’s ownership, tabled a formal bid they believed activated Olise’s release clause.

Related: Elderly couple die after eating poisonous pufferfish in Malaysia

Last updated: Just Now2026-04-24T21:52:13+01:00

Share On:

Nigerian / African Music Yo Maps – Touch Me ft. Rotimi

Nigerian / African Music Tekno – Press Button

Nigerian / African Music Teni – Zion ft. Olamide

Nigerian / African Music FOLA – Fine Ting (Fine $hit)

Nigerian / African Music Plutomania – 420 ft. Shallipopi

Music Why More Nigerians Are Choosing Streaming Over Download

Nigerian / African Music Darkoo – Solar ft. Ruger

Nigerian / African Music Angélique Kidjo – Aye Kan (Are You Coming Back?) ft. Ayra Starr

Nigerian / African Music Jeriq – WINNER

Nigerian / African Music ZerryDL – Igho