Olise had been one of the key names discussed internally at Real Madrid ahead of Perez's re-election. The club had been keen to sign him, but Bayern Munich's stance has changed the dynamics of the transfer market.
Barcelona's interest in Alvarez predates Real Madrid's failed bid. The Catalan club continues to pursue the player, and it remains to be seen whether they will be successful in their efforts.
The transfer market is complex, and multiple factors can influence the outcome of a deal. Barcelona's pursuit of Alvarez will likely continue, but the club's chances of signing him will depend on various factors.
Atletico Madrid's decision to reject Real Madrid's €150 million bid for Alvarez has not changed Barcelona's stance on the player. The Catalan club remains interested in signing him, and they will continue to pursue him in the transfer market.
The situation surrounding Alvarez's future is ongoing, and it will be interesting to see how it develops in the coming weeks and months.
