Chelsea have pulled out of the transfer race to sign Crystal Palace forward Michael Olise.

The London club. have been in talks with Crystal Palace over a deal for the winger.

That is with a view to a £60million deal due to a release clause in his contract at Selhurst Park.

According to talkSPORT, Chelsea have decided to withdraw from the move due to the finances being deemed to be out of reach.

Instead, Chelsea plan to reward their existing players, while also looking for other attacking options.

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It’s understood that the west London side are looking to add two attacking players to their squad this summer.

Manchester United have also been linked with Olise, however, it’s understood they’re unlikely to fork out the £60m for the player.

Crystal Palace will refuse to sell any of their sought-after trio Marc Guehi,

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