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Crystal Palace's Michael Olise closing in on new contract?

:Headline: Crystal Palace's Michael Olise closing in on new contract?:
Crystal Palace are close to striking an agreement over a new contract for their 20-year-old winger Michael Olise, according to a report.
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Crystal Palace have moved closer to striking an agreement over a new contract for their winger Michael Olise, according to a report.

The Frenchman only joined the Eagles on a five-year contract from Championship side Reading last summer, but following reports that the 20-year-old's deal includes a £35m release clause, the club have become keen to secure his future in South London.

Olise has impressed in his debut campaign in the Premier League, having scored four goals and registered eight assists in 31 appearances across all competitions since Palace triggered his £8m release clause last summer.

As a result of his form this year, the Palace hierarchy, and their supporters, have become concerned over the release clause included within his current contract, but The Athletic are reporting that a new deal is close to being agreed.

The report suggests that the new deal would only add a further 12 months to his current stay, tying him down at Selhurst Park until 2027, but would significantly increase the clause to a level that would see Palace receive a record transfer fee were it triggered.

Aaron Wan-Bissaka's £50m move to Manchester United is the current record fee received by Patrick Vieira's side, and were Olise's new contract to be agreed, an interested club would have to eclipse the fee paid by the Red Devils for their former full-back.

The report continues with how Olise is keen to stay at Palace, and with no interest in seeing his salary increased, an agreement is close to being struck. body check tags ::

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Premier League Table
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea115422113819
4Arsenal115421812619
5Nottingham ForestNott'm Forest115421510519
6Brighton & Hove AlbionBrighton115421915419
7Fulham115331613318
8Newcastle UnitedNewcastle115331311218
9Aston Villa115331717018
10Tottenham HotspurSpurs1151523131016
11Brentford115152222016
12Bournemouth114341515015
13Manchester UnitedMan Utd114341212015
14West Ham UnitedWest Ham113351319-612
15Leicester CityLeicester112451421-710
16Everton112451017-710
17Ipswich TownIpswich111551222-108
18Crystal Palace11146815-77
19Wolverhampton WanderersWolves111371627-116
20Southampton11119721-144
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