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Chelsea willing to offer players to sign Michael Olise – but confident of not paying more than rivals

Michael Olise of Crystal Palace during the Premier League match between Crystal Palace and Manchester United at Selhurst Park on May 06, 2024 in London, England
Michael Olise will be highly sought after by Premier League teams this summer - Getty Images/Justin Setterfield

Chelsea are confident they will not have to pay more for Michael Olise than a Champions League club after making contact with Crystal Palace over the winger.

And the west London club are willing to offer players in exchange as part of a bid for Olise to try to convince Palace to let one of their star men go.

Olise has also been the subject of approaches from Newcastle United and Bayern Munich, while Manchester United  and Manchester City are thought to be keeping an eye on the situation.

It has been reported that Olise has a complicated clause worth around £60 million in his Palace contract that can only be triggered by Champions League clubs.

But this has never been confirmed and is the subject of some confusion. Regardless of whether or not a clause can be triggered, however, Chelsea do not believe that their failure to qualify for the Champions League will result in them having to pay a premium to land Olise.

Chelsea are currently considered the favourites to sign Olise should he leave Palace and are willing to offer players in exchange as part of a bid to try to get a deal over the line.

Among the Chelsea players who could be allowed to leave Stamford Bridge this summer are Trevoh Chalobah, Armando Broja, Cesare Casadei, while Palace could enquire about Noni Madueke.

It is not yet clear whether Palace would demand a straight fee or consider a cash-plus-player deal for Olise, who Chelsea failed with a bid to sign last summer.

Other than contacting Palace over Olise, Telegraph Sport this week revealed that Chelsea have rekindled their interest in Aston Villa striker Jhon Duran and have spoken over a fee.

Chelsea and Villa have been in discussions regarding a number of players with the Midlands club asking about Conor Gallagher, who is also of interest to Tottenham Hotspur.

Gallagher, though, has insisted he is not thinking about his Chelsea future while he is preparing for England’s Euro 2024 opener against Serbia.

“I have just been focusing on England, this is the most important thing right now for me, for the country and I just want to start the tournament now,” said Gallagher, who has a year remaining on his Chelsea contract.

“I’m a Chelsea player right now and like I said I am just focused on England and the tournament.”

Asked whether or not he found dealing with uncertainty over his future difficult while he is on duty with England, Gallagher replied: “It is not difficult, I’m in a very privileged position to play for England and be at a tournament like this and I couldn’t be happier with the situation.”