Man City target set to be handed huge new contract

Manchester City continue their pre-season preparations with a friendly against Spanish side Atletico Madrid on Sunday. 

The reigning Premier League champions beat Bayern Munich 2-1 last time out, and manager Pep Guardiola will be hoping that his side can continue their good form ahead of the new season.

So far this summer, the Citizens have only signed one player – midfielder Mateo Kovacic from rivals Chelsea.

Despite only completing one signing, City have been linked with several players, including Crystal Palace star Michael Olise.

It appears, though, that City’s interest may have prompted Palace to offer the winger a new contract.

As per Football Insider, the Eagles are set to hand Olise a new contract that will earn him more than £100,000-per-week in an effort to deter interest from City.

Olise has attracted interest from Premier League champions Manchester City

Olise, 21, joined Palace from then-Championship side Reading back in 2021 and, after forcing his way into the first team during the 2021/22 season, the winger enjoyed a fine campaign last term.

In total, Olise made 40 appearances across all competitions, scoring two goals and providing 11 assists.

The player’s current contract isn’t set to expire until the summer of 2026, but he could be rewarded with a lucrative new deal as Palace look to secure his long-term future and ensure he stays put at Selhurst Park.

If Olise does sign a contract extension worth around £100,000-per-week, it would make him one of the highest earners at Palace, following the departure of Wilfried Zaha to Galatasaray last week.

It is claimed that City had identified Olise as a potential replacement for Riyad Mahrez, who departed The Etihad earlier this week in order to join Saudi Arabian side Al-Ahli.

Despite this, and reported interest from fellow Premier League side Chelsea, the report claims that Palace are confident of fending off interest in Olise.

The France under-21 international is said to have a release clause included in his current contract, believed to be set at £35 million.