Chelsea FC are expected to reassess the future of Nicolas Jackson after Bayern Munich confirmed they will not sign the striker on a permanent basis.
Bayern’s sporting director Max Eberl has made it clear that the Bundesliga champions will not activate the €65 million buy option included in Jackson’s loan agreement.
“We will not trigger the option for Nicolas Jackson.”
The decision brings an end to speculation surrounding the Senegal international’s long-term future in Germany.
Jackson joined Bayern for the 2025–26 season on a temporary deal after falling down the pecking order at Chelsea.
The Bavarian club paid €16.5 million for the loan, with the option to make the move permanent this summer.
Despite a respectable return of 10 goals in 29 appearances, Jackson has largely played a supporting role in the squad.
He has operated behind first-choice striker Harry Kane, limiting his opportunities to secure a regular starting position.
In recent months, reports had already suggested Bayern were unlikely to meet the €65 million valuation required to complete a permanent transfer.
Eberl’s confirmation now formalises that stance.
As a result, Jackson is set to return to Stamford Bridge ahead of the 2026–27 campaign.
His situation will now be reassessed by Chelsea, who are expected to review their attacking options during the upcoming transfer window.
The London club are already planning changes in the forward line.
A deal has been agreed for Strasbourg striker Emmanuel Emegha to join the squad, while uncertainty surrounds the future of Liam Delap, who could depart after just one season.
Jackson could therefore find himself back in contention for a role within the first team.
His return may provide Chelsea with a cost-effective option, particularly as they look to strengthen their squad without excessive spending.
During his initial spell at Chelsea, the Senegal striker showed promising signs.
While there were moments of inconsistency, especially in front of goal, his overall contribution over the first 18 months suggested potential for further development.
There is also the possibility that Jackson could leave the club again if a suitable offer arrives.
Both Chelsea and the player’s representatives are expected to evaluate all available options before the start of next season.
For now, however, the immediate outcome is clear. Bayern have decided against making the move permanent, and Jackson’s future once again lies with Chelsea.
The coming months will be crucial in determining whether he is reintegrated into the squad or moved on as part of a broader reshaping of the team’s attacking line
