# Michael Olise Signs New Four-Year Deal at Crystal Palace Despite Chelsea Interest
Michael Olise has snubbed transfer interest from Chelsea after signing a new four-year contract extension at Crystal Palace. The 21-year-old midfielder had been set to sign for the Blues after activating a £35m release clause in his contract. However, Olise has decided to stay with the Eagles, much to the delight of Palace chairman Steve Parish who posted on Twitter: “I’m absolutely delighted to announce @m.olise has decided to commit his future to Crystal Palace football club and this afternoon signed a new four year deal with the club.”
The news of Olise’s contract extension is a huge boost for the Eagles, who had also attracted interest from Manchester City earlier in the summer window. Olise has been with Palace since 2018, when he joined from Reading’s academy. Since then, he has made over 50 appearances for the club, scoring three goals and providing seven assists.
The midfielder is highly rated and has been tipped for a bright future in the game. He is known for his ability to carry the ball forward and create chances for his teammates. He is also an excellent passer of the ball and can pick out a killer pass from deep.
Olise’s new contract is a sign of his commitment to Palace and shows that he is willing to stay and fight for his place in the team. He will be hoping to continue his development at Selhurst Park and become an integral part of the team.
The midfielder’s new deal is a huge boost for Palace, who have been looking to strengthen their squad this summer. They have already signed Eberechi Eze from Queens Park Rangers and Nathan Ferguson from West Bromwich Albion, and Olise’s new deal will add further depth to their midfield.
Palace fans will be delighted that Olise has decided to stay at the club and will be hoping that he can help them push for a top-half finish this season. With the quality of players they have signed this summer, they should be confident of achieving their goal.
Chelsea, meanwhile, will be disappointed that they have missed out on signing Olise. However, they will no doubt be keeping an eye on his progress at Palace and may yet make another move for him in the future.
For now, though, it looks like Olise is staying put at Crystal Palace and will be hoping to help them achieve success this season. With his new four-year deal, he has shown his commitment to the club and will be looking to repay their faith in him with some impressive performances on the pitch.