By Pete O'Rourke, Transfer Correspondent

12th May, 2023 | 5:00pm

Sources: Crystal Palace open Michael Olise talks amid PSG twist

Crystal Palace have opened talks with Michael Olise over a new deal, sources have told Football Insider.

The 21-year-old has a contract at Selhurst Park that runs until 2026, but the Eagles are eager to tie him down to a bumper long-term deal.

Olise has been a standout performer for Palace this season, and the London club wants to reward his success with a new contract to fend off any interest in his signature.

It is understood that French giants Paris Saint-Germain have been keeping tabs on Olise’s progress this season and are weighing up a bid for the Palace youngster.

Olise was born in London but represents France at Under-21s level on the international stage, with four caps to his name.

The Ligue Un leaders are looking to add young up-and-coming talent to their ranks this summer and have shortlisted Olise as an ideal target.

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But Palace consider Olise a key player and are willing to offer him a substantial pay rise to reflect his importance at the club.

He has made 37 appearances across all competitions in 2022/23, scoring two goals and registering nine assists.

After missing Palace’s opening league fixture against Arsenal in August, Olise has appeared in every league game since, with 28 starts and six cameo appearances from the bench.

Since Roy Hodgson replaced Patrick Vieira at Selhurst Park, Olise has played every available minute for the club, playing the full 90 minutes in seven consecutive matches.

In other news, Wilfried Zaha ‘very likely’ to leave Crystal Palace