Real Madrid to Trigger €9 Million Buy-Back Clause for Como Breakout Star Nico Paz

Real Madrid activates the buy-back clause for Nico Paz after his breakout season in Serie A. Discover why the Argentine is returning to the Bernabéu in 2026.

By: AXL Media

Published: Apr 27, 2026, 5:44 AM EDT

Source: Information for this report was sourced from YSScores

The Return of a Homegrown Talent

Real Madrid is prepared to officially reclaim Nico Paz from Como 1907 following two highly productive seasons in the Italian top flight. According to reports from AS and transfer specialist Fabrizio Romano, the Spanish champions have notified the Italian club of their intention to exercise the buy-back option included in the 2024 transfer agreement. The move, valued at €9 million ($9.8 million), marks the return of a player who graduated from the La Fábrica academy and is now viewed as a ready-made addition to the senior squad’s rotation.

A Career-Defining Stint in Serie A

The decision to recall Paz follows a "meteoric rise" at the Stadio Giuseppe Sinigaglia. During the 2025/2026 campaign, the Argentine international has established himself as one of the most prolific young creative forces in Italy. Across 37 appearances in Serie A and the Coppa Italia, Paz has recorded 13 goals and provided 7 assists, showcasing the tactical versatility and clinical finishing that Real Madrid’s scouting department believes is now sufficient for the demands of La Liga. His performance was particularly highlighted by his ability to dictate the tempo for a mid-table Como side, earning him widespread acclaim across the peninsula.

Blocking Interest from European Competitors

By moving before the June 30 deadline, Real Madrid has effectively neutralized intense interest from Inter Milan. The Nerazzurri had reportedly identified Paz as a priority target to refresh their midfield under manager Cristian Chivu, with rumors suggesting they were prepared to offer nearly €60 million to secure his signature. However, the structure of the 2024 deal—which gave Madrid the buy-back right and 50% of any future resale—left Italian suitors with little leverage. Madrid’s proactive approach ensures they retain control over a player whose market value has soared to an estimated €65 million.