Bayern Munich have signed French forward Michael Olise from Crystal Palace, the German giants announced on Sunday. German magazine Kicker reported Bayern paid a release clause of 70 million euros ($75 million) to the Premier League club to secure Olise's services on a five-year deal. Olise, 22, completed a medical in the Bavarian capital on Sunday. "It's a great challenge, and that's exactly what I was looking for," Olise said. "I want to prove myself at this level and play my part in ensuring that we win as many titles as possible with our team in the coming years."