The impressive performance of the French Under-21 international naturally attracted interest from other quarters, notably Chelsea and Manchester City. Given a purported release clause of £35 million in his contract, it seemed almost certain that the gifted playmaker would seek a move to a different destination this summer.
However, an unexpected twist emerged when Palace's chairman, Steve Parish, took to social media to announce that the 21-year-old talent had committed to remaining with the Eagles until 2027. This development coincided with reports suggesting that Chelsea had been willing to activate the release clause or slightly exceed that amount through installment payments.
Moreover, reports indicate that Olise had shown willingness to join Stamford Bridge, having previously spent a portion of his youth career in West London. Nevertheless, following his recovery from a hamstring injury, he will resume action in the colors of Palace. The team commenced their Premier League campaign with a 1-0 triumph against Sheffield United last weekend.
While this stands as a significant boost for Palace, it represents a setback for Chelsea. The Blues seemed to have settled on the former Reading prodigy as their preferred choice for a creative role. The pieces were seemingly falling into place for Chelsea to secure Olise's signature, following the signings of Moises Caicedo and the anticipated arrival of Romeo Lavia.
