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Crystal Palace transfer: Eagles set for major transfer, £8m fee agreed

Crystal Palace are set to complete a major deal after activating the release clause in the contract of Reading star Michael Olise. The Eagles will pay £8 million.

The Athletic claims that the 19-year-old is set to become the club’s first season since Patrick Vieira took over at the club. He has come through the ranks at Reading and is seen as a bright, young talent.

Olise enjoyed a quality season during 2020/21. He fired seven goals and claimed 12 assists as the Royals narrowly missed out on a place in the play-offs.

Palace have agreed a fee for Olise; Photo; Catherine Ivill; Getty Images)

The beauty of Olise is his versatility. He typically plays as a number 10, but can also play on the right-wing, out on the left or as a more conventional central midfielder.


Vieira will surely relish the chance to work with the young talent. He replaced Roy Hodgson at Selhurst Park earlier this month and now looks set to sign his first player.

Palace have enjoyed success with the EFL market previously. Eberechi Eze signed from QPR ahead of last season and he enjoyed a solid maiden campaign in the Premier League.

Now, Olise looks set to try and follow suit, with a fee agreed between the two clubs for the talented starlet. Former Royals boss Mark Bowen previously called the player ‘massively talented’ after a game with Nottingham Forest.

Olise to Palace: Eagles could have struck gold

Vieira hasn’t been at Palace too long but he might have firmly hit the jackpot with this deal. A fee of £8 million isn’t a lot in this day and age and at 19 there is a sound long-term investment in this deal.

Palace are set to sign Olise from Reading; Photo; Richard Heathcote; Getty Images)

Olise has two good feet, the tricks to bamboozle defenders and the passing radar to part defensive units like the Red Sea.

Dougie Freedman is the transfer guru in place at Selhurst Park. He’s done lots of good during his time at the club, and this might just prove to be his best deal yet.

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