Crystal Palace winger Michael Olise has signed a new four-year deal with the club amid interest from Chelsea.

On Tuesday, it was reported that the Stamford Bridge club had activated a release clause in the region of £35m for the French Under-21 international.

But Palace chairman Steve Parish confirmed on Thursday that the London-born 21-year-old would be staying put.

Olise joined from Reading on a five-year-deal in 2021 but was in Chelsea’s youth system before leaving aged 14.

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