Bayern Munich 'respond' to Liverpool's Michael Olise transfer interest with contract stance

Below is a summary of the full article. Click here for the full version from Echo or go back to LFC Live.

Liverpool Echo IconSportFootballLiverpool FC transfer newsLatest Liverpool transfer news and gossip with an update on the future of Bayern Munich star and former Crystal Palace winger Michael Olise, who has been linked with the RedsLiverpool have been given a fresh update on the future of Bayern Munich star Michael Olise. The Reds have previously been credited with an interest in signing the France international, with reported interest emerging during the summer transfer window.It was a busy summer for Liverpool with eight new signings being added to Arne Slot's squad.

The Reds spent more than £400million on new signings, but also sanctioned the exits of some key players, including Darwin Nunez, Luis Diaz, Jarell Quansah and Caoimhin Kelleher.The final days of the transfer window saw Liverpool linked with a move for Olise and the rumours are yet to diminish even with the New Year still more than three months away. Now, a fresh update has emerged claiming that the Reds may still be in the running to sign Olise.READ MORE: Gary Neville issues five-word Liverpool verdict after late Arsenal drama against NewcastleREAD MORE: Liverpool handed new Premier League title twist as Arsenal truth becomes clearerBundesliga expert Christian Falk has reported to his CF Bayern Insider column that Liverpool are 'watching' Olise and are joined by Manchester City in expressing an interest in the former Crystal Palace star.There is a suggestion that Bayern are determined to award Olise a new contract in order to fend off interest from rival clubs.It's yet to be known what price tag Bayern would demand for Olise, but it has been suggested that an offer in the region of €100million (£87million) could force the Bundesliga giants to make a decision.Olise has scored four goals and the same number of assists for Bayern across the first eight appearances of the season.Liverpool will have to wait until January to strengthen their squad with anymore new signings.A new centre-back has been mentioned in reports as a priority piece of business for the Reds following the injury to Giovanni Leoni.For the latest news and breaking news, visit liverpoolecho.co.uk/all-about/liverpool-fc.Get all the big headlines, pictures, analysis, opinion and video on the stories that matter to you.Follow us on Twitter @‌LivEchoLFC - the official Liverpool ECHO LFC Twitter account - for all the latest LFC news as it happens in real time.We're also on Facebook/LiverpoolEchoLFC - your must-see LFC news, features, videos and pictures throughout the day from the Liverpool ECHO.Listen to our podcasts by searching for 'Blood Red' wherever you get your podcasts.Sign up for one of the Liverpool Echo's free daily and weekly newsletters on Liverpool FC by clicking here.