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A Premier League club has reportedly set an extraordinary £86 million compensation fee on their manager, a figure four times higher than any previously paid, in order to fend off interest from Bayern Munich.
Despite Bayern’s willingness to offer around £15.5 million, the club’s owner rejected their advances, even though the manager expressed interest in leaving.
Bayern Munich are in search of a replacement for Thomas Tuchel, who announced his departure at the end of the season back in February.
However, their pursuit of a new manager has been met with a series of rejections, with Xabi Alonso, Julian Nagelsmann, and Ralf Rangnick all declining the opportunity.
Hansi Flick and Roberto De Zerbi are now seen as the frontrunners for the job, with the aim of reclaiming the Bundesliga title after missing out for the first time since 2012-13.
However, it was Crystal Palace’s Oliver Glasner who Bayern had their eyes on initially, only to be put off by the staggering £86 million fee, as reported by German newspaper BILD.
Glasner, who has been in charge at Crystal Palace for just 12 games, emerged as a surprising target.
The demand for £86 million for a manager is unprecedented, given that the highest compensation ever paid was £21.5 million when Chelsea hired Graham Potter from Brighton.
Bayern Munich has a history of paying substantial compensation fees, such as the £21.4 million they paid for Nagelsmann from RB Leipzig in 2021, but Palace’s demand is unprecedented.
After Rangnick rejected Bayern’s offer on May 1st, Bayern executives Max Eberl and Christoph Freund reached out to Glasner the same evening.
Glasner has earned a good reputation after winning the Europa League with Eintracht Frankfurt in 2022 and has had a strong start at Crystal Palace, winning six of his first 12 games.
With five wins in their last six games and a convincing 4-0 victory over Manchester United last week, Glasner’s team has been in fine form.
Despite Bayern’s eagerness to secure his services, Parish made it clear that the prohibitive fee was non-negotiable.
He insisted to Glasner that he must honor his contract until 2026 barring unforeseen circumstances a condition which the Austrian manager has accepted.
