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Chelsea miss out on signing French attacker

Chelsea miss out on signing French attacker

Michael Olise news

Olise signs new Palace deal

Chelsea have missed out on signing Crystal Palace winger Michael Olise following his decision to sign a new contract.

The Blues were on the cusp of landing Olise from the Eagles earlier this week. They were ready to pay around £40m and also agreed personal terms with the attacker.

However, there was a staggering U-turn today with Eagles chairman Steve Parish confirming that the Frenchman has put pen-to-paper on a new long-term contract.

It is now revealed that the Eagles were prepared to go to court after accusing Chelsea of tapping-up their player. In response, the Blues decided to end negotiations.

Olise has now committed his long-term future to the club with a high release clause, but we won't be surprised if the Blues return for him at some point next year.

The 21-year-old picked up a hamstring injury on Euro Under-21 duty earlier this summer, and he may not return to action for the next few months at least.