Chelsea have agreed a deal in principle with Crystal Palace to sign Michael Olise, according to RMC Sport.
He has agreed to sign a long-term contract at Stamford Bridge and will join the club for a fee worth around €40 million.
Olise is set to return to Chelsea after passing through their youth team on his way to senior football.
He was at Chelsea’s academy from 2009-2016 before leaving for Manchester City and then Reading, where he made his senior team debut.
The French youth international left the Royals in 2021 after Crystal Palace activated his release clause worth just over £8 million.
Olise made an instant impact and became a first-team fixture. He has since established himself in the top flight and is widely recognised as one of the most exciting attackers around.
He bagged two goals and 11 assists in 37 Premier League appearances last term.
However, he suffered an injury while on duty with France at the European U21 Championship and hasn’t featured this season.
He has been dealing with several injuries since his emergence, but Chelsea hope he can stay fit and fulfil his immense potential.
Chelsea are continuing their spending spree following the addition of Moises Caicedo and the impending arrival of Romeo Lavia.
They need someone to unlock the opposition’s defence, and Olise has that quality in his arsenal.
Chelsea are poised to continue their summer spending after signing Olise, as they are still in the market for a goalkeeper following Kepa Arrizabalaga’s exit.
They could also sign another attacker following the injury suffered by Christopher Nkunku.
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