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Chelsea 'in talks' for bargain transfer as Michael Olise saga takes a new twist

Crystal Palace winger Michael Olise
-Credit: (Image: Sebastian Frej/MB Media/Getty Images)


Chelsea have completed their first transfer of the summer but more are expected to follow. In Tosin Adarabioyo the Blues have secured a free signing with Premier League experience and ties to the club already, what comes next is likely to be more explosive.

The club continue to claim that they do not have to sell players before the June 30 profitability and sustainability rules deadline for the 2023/24 period. But exits before the start of the new season are nonetheless expected with financial ground to make up.

For Enzo Maresca his mind will be on those that he already has available to him. The new head coach doesn't officially start work until next month but still has plenty on his plate to get prepared for the tour of America and a testing campaign in charge.

Here, football.london brings you latest from Stamford Bridge ahead of the summer window opening.

Maatsen talks underway

Chelsea are already discussing making Ian Maatsen's loan move to Borussia Dortmund permanent after his hugely impressive stint in Germany. Maatsen helped Dortmund and Edin Terzic make the most of a largely disappointing domestic campaign by aiding their surprise progress to the Champions League final.

Although the Dutch full-back was culpable for not only losing his man at the corner that led to Dani Carvajal's opening goal and then played a stray pass into midfield for Vinicius Jr's clincher, his six-month stay demonstrated just why clubs across Europe are keen to snap him up. With a £35million release clause he is expected to leave Chelsea this summer.

READ MORE: Chelsea news and transfers LIVE

READ MORE: Enzo Maresca has his own Julian Alvarez at Chelsea as Man City transfer reality already clear

It is reported that Dortmund, who really want to sign Maatsen permanently, are not able to pay the full price at the current stage. Their opening proposals are said to have been closer to £25million, with Chelsea keen to get as much out of the 22-year-old as possible.

Maatsen extended his contract at the club until 2026 before moving to the Bundesliga in January. The clause was added into his deal then. Chelsea had accepted a £30million bid from Burnley on deadline day last year as well but the player chose to stay and fight for his place.

football.london says: Chelsea need to be getting the full £35million here or they won't be recouping even close to his true value. Look at it this way, Maatsen was deemed to be worth £30million just over 12 months ago as a Championship winner, surely the second half of 2023/24 and now being a Champions League finalist bump that up to at least £35million?

Really, Maatsen is the sort of player Chelsea need to be keeping. He looks suited to be an inverted full-back under Maresca and at 22 has so much to offer and plenty of development left. The world is at his feet and the fact that both Lewis Hall and Maatsen could leave for a combined fee of less than what Chelsea paid for Marc Cucurella is a lot of what has gone wrong for Todd Boehly-Clearlake Capital.

Even £35million for Dortmund would be a bargain. Maatsen is going to be worth much more than that in a year's time. His time at Chelsea looks set to end extremely early, and the club will be the one's to miss out on the benefits of having him.

Chelsea funding Olise move

Manchester City could make a move for Crystal Palace winger Michael Olise if they were to sell Julian Alvarez, according to reports. Chelsea have been one of the teams linked with Alvarez in the past week, with Atletico Madrid and Paris Saint-Germain also interested.

However, after a successful two years at City, Alvarez is not deemed to be up for sale. Only a huge offer could leave City to rethink their position, and even then the player would need to push for an exit.

Even though Alvarez is said to want more game time in high-profile matches, a parting does not appear imminent. If something were to transpire though, then Olise is lined up as a surprise alternative for the Argentine. Currently, it is Chelsea and Manchester United leading the way.

football.london says: There have been no talks for Olise so far from the Blues' camp, football.london understands, but really there should be. Chelsea need to get Olise done, and he would be a much more worthwhile signing than Alvarez.

In Nicolas Jackson Chelsea already have their own, younger version of a link-up striker able to drop deep and run in behind. He's not quite as polished as Alvarez in the final third on a regular basis, but having them both makes little sense.

As for Olise, not many compare to his level. Cole Palmer is one of them but the duo can co-exist without doubt, they're just too good not to. Funding City in a move for Olise whilst taking on Alvarez really isn't the sort of business that stands out.