According to a report by Diario AS, Nico Paz is entering the final stretch of his time at Como 1907, with a return to Real Madrid already decided and considered a done deal.
The Spanish outlet states that Real Madrid have made the final decision to activate the buy-back clause included in Paz’s transfer agreement, and the midfielder will return to Valdebebas in June 2026 for a fixed fee of €9 million. The club does not intend to sell him upon his return and plans to keep him as part of the first-team project.
Paz, 21, is currently focused on finishing the season strongly with Como, where he has taken a significant step forward in his development. After arriving in Italy, he has established himself as a key player and gained regular top-level experience, something Real Madrid have closely followed with satisfaction.
According to Diario AS, the coming months will be decisive not only at club level but also internationally. Paz is pushing to earn a place in Argentina’s squad for the 2026 World Cup. While he is on the radar of head coach Lionel Scaloni, he is not yet a guaranteed selection and must continue to perform consistently.
Since making his senior debut for Argentina in October 2024, Paz has gradually been integrated into the national team setup. He has started twice, including a World Cup qualifier against Chile in June 2025, and completed a full match in a friendly against Venezuela. Despite not featuring during the November international break, he remains under consideration.
The report also details that Real Madrid hold full control over the situation. The buy-back clause was agreed upon when Como signed the player, allowing Madrid to repurchase him in 2025, 2026 or 2027, always for a clearly defined fee. Como explored options to retain him but were aware of the conditions from the start and are not expected to block the move.
Despite growing interest from other European clubs and a rapidly increasing market value — estimated by Transfermarkt at €65 million — Real Madrid are not considering a resale. The club believe Paz can provide solutions in midfield and view him as a long-term asset.
If everything goes as planned, 2026 will mark Nico Paz’s definitive return to Real Madrid, closing a developmental chapter in Italy and opening a new stage at the Bernabéu, with both club ambitions and World Cup goals in sight.
