Arsenal's hopes of signing Bayern Munich winger Michael Olise have reportedly suffered a blow, as the Frenchman is said to favour a move to Real Madrid if he leaves Germany, according to the London Evening Standard on Friday, October 16, 2026.

The reports suggest that the 24-year-old would rather join the Spanish club than return to the Premier League.

The Gunners have admired Olise since his outstanding performances for Crystal Palace attracted widespread attention. He later moved to Bayern Munich, where he has continued to impress and strengthen his reputation as one of Europe's most talented attacking players. His development has reportedly placed him on the radar of several major clubs.

Despite his importance to Bayern, questions remain over the winger's long-term future. Reports claim that the German champions have encountered difficulties in their attempts to convince him to extend his contract, raising the possibility that he could consider leaving.

Real Madrid previously showed interest in signing Olise last summer. However, Bayern were determined to keep the attacker and refused to consider a transfer. Should the contract situation remain unresolved, the Spanish giants may have another opportunity to pursue his signature.

Arsenal are keen to improve their attacking strength as they continue their challenge for major trophies in England and Europe. Olise's technical ability, creativity, dribbling and finishing would make him an appealing option for manager Mikel Arteta, potentially adding greater variety to the team's forward play.

However, the reported preference for Real Madrid could complicate Arsenal's plans. The north London side may struggle to persuade Olise to return to English football if his priority is to continue his career in Spain.

Bayern are still determined to keep the winger, who remains an important part of their attacking setup. His future will ultimately depend on negotiations over a new contract and the direction he wants his career to take.

Although Arsenal may continue to follow developments closely, Real Madrid's reported appeal to the player could prove a significant hurdle in their attempts to bring him to the Emirates Stadium.