FC Barcelona have until December 31st to resolve the issue with his license to play, after which he would become a free agent.
Barcelona have the money to pay him his wages but are at risk of being in violation of La Liga’s strict Financial Fair Play regulations.
Olmo is said to be uncomfortable with the situation, after making the decision to leave Germany and return to his boyhood club. The club is reportedly working around the clock to fix the situation; meanwhile, the offers from England are said to be substantial.
Bayern Munich are also said to be interested in a potential transfer, although they have yet to send the player an offer.
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