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Only bids of at least £60 million will be considered by Palace for the 22-year-old winger.
Olise has a release clause valued at almost £60 million. Any agreement involving him will be complicated because of the percentages owed to Reading, his previous team, Olise, and Palace.
Chelsea thought they had activated his release clause when they made an unsuccessful bid to sign him last summer for a reported fee of around £35 million.
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