Michael Olise makes shock transfer decision after Chelsea paid £35m release clause

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Michael Olise

 Michael Olise makes shock transfer decision after Chelsea paid £35m release clause

The latest on Michael Olise as the 21-year-old has seemingly decided to stay put at Crystal Palace despite Chelsea triggering the winger's £35million release clause recently

Michael Olise has signed a new contract at Crystal Palace, club chairman Steve Parish has confirmed on social media.

Chelsea, football.london understands, paid Olise's £35million release clause earlier this week, but the 21-year-old has now seemingly agreed a new deal with the Eagles. Club chairman Parish took to Instagram to say: "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."

This comes as a shock as there was confidence from Chelsea's side that they would be able to get a deal done for Olise, football.london was told. However, Palace have used Chelsea's interest to their advantage and have now agreed an extension with the France Under-21 international.