Reading FC midfielder Michael Olise is closing in on a move to Crystal Palace.
The Reading Chronicle understands that the South London side has agreed to pay Olise's release clause of £8m.
READ MORE: Reading FC under transfer embargo for breaching FFP rules
Olise caught the eye of a number of clubs across the country for his stellar performances during the 2020/21 season, scoring seven goals and picking up 12 assists.
Previously, Royals boss Veljko Paunovic has said that he was 'not aware' of a release clause in Olise's contract.
READ MORE: Ex Reading FC striker slams former Royals boss Steve Clarke
However, it now appears the club are set to lose one of the brightest talents to emerge at the Madejski Stadium for several years for a relatively low fee.
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