Real Madrid are preparing to bring back Nico Paz after the young Argentine’s incredible rise at Como. Although the Spanish giants sold him for €6 million in 2024, they cleverly included a buy-back structure that increases in value each year. Below you will see information about is news which has been summarized The Football Insight.

Paz’s electric form this season has convinced the club that the time to act is now, even if the contract limits when they can officially trigger the clause. Reports suggest Paz is fully open to returning to Madrid, showing clear interest in rejoining his former club.
However, as Fabrizio Romano clarified, the buy-back clause cannot be activated in the January window, meaning Madrid must wait until the summer to make the move official. Still, their intention is obvious they do not want to risk losing him to another top European side.
Madrid also maintain a right-to-match clause and control over 50% of his future rights, giving them strong leverage. Even Como’s president openly acknowledged that Madrid are free to buy him back whenever they choose, reinforcing that the player’s future ultimately rests in his own hands.
A Breakout Star Lighting Up Serie A
Paz has been one of the brightest young players in Italy since arriving at Como. In his debut Serie A campaign, he delivered eight goals and six assists, earning the league’s best young player award. His intelligence, creativity, and ability to beat defenders made him an instant standout at the club.
This season, he has continued at the same level, producing five goals and four assists. A major factor behind his growth has been the trust of coach Cesc Fabregas, who gives Paz freedom to roam, dictate play, and unlock defences. Fabregas has even compared the way opponents fear him to Lionel Messi, insisting the youngster must never be restricted.
Paz’s style quick, confident, and unpredictable has made him one of the most exciting attacking midfielders in Europe. His performances suggest he could soon become a key figure for the Argentine national team as well.
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Inter Join the Chase With a Huge Offer

Inter Milan have entered the race for Paz in dramatic fashion, preparing a massive €58 million bid to bring him to the San Siro. They see him as the perfect long-term partner for Lautaro Martínez and believe his creativity would elevate their attack to another level. Talks with Paz’s representatives have already begun, and early signs suggest he would be open to the move.
However, Inter’s ambitions face a major obstacle: Real Madrid’s leverage. With the buy-back clause, matching rights, and partial control over future ownership, Madrid can easily block or redirect any deal.
This makes Inter’s pursuit a difficult one, even with such a huge offer on the table. Still, Inter’s interest shows just how highly regarded Paz has become across Europe. Only 21, he has already positioned himself as one of the continent’s most valuable young players.
A Season That Could Shape His Future
Paz continues to shine for Como, recently scoring in a dominant 5–1 victory over Torino. The club are enjoying a strong season and remain in the hunt for a European qualification spot, making the midfielder’s role more important than ever. His performances have helped Como grow in confidence and ambition. For Paz, the temptation of a Real Madrid return is real but so is his loyalty to Como.
He has made clear that he plans to finish the season before making any decision about his future. With crucial matches ahead, including a big fixture against Sassuolo, he remains focused on his current team. As interest grows and his value rises, Paz’s journey this season will determine where he plays next: a return to Madrid, a bold move to Inter, or another chapter at the club that helped him blossom. Follow footballcoasters.co.uk for weekly deep dives into football’s biggest story.