[COMO, ITALY - FEBRUARY 07: Nico Paz of Como 1907 looks o during the Serie A match between Como 1907 and Juventus at Stadio G. Sinigaglia on February 07, 2025 in Como, Italy. (Photo by Marco Luzzani/Getty Images) (Tottenham links)
COMO, ITALY - FEBRUARY 07: Nico Paz of Como 1907 looks o during the Serie A match between Como 1907 and Juventus at Stadio G. Sinigaglia on February 07, 2025 in Como, Italy. (Photo by Marco Luzzani/Getty Images)](https://football-italia.net/madird-have-made-nico-paz-decision-como-spurs/) Reports in Italy claim that Real Madrid have already mapped out a plan for Como talent Nico Paz, who has been subject of transfer interest from Tottenham Hotspur, which is likely to see the talented 20-year-old return to the Bernabeu in the near future.
Recent reports claim that Tottenham hadsubmitted a series of bids for the three-time Argentina international this summer, initially worth €50m, and later €70m, although Como President Mirwan Suwarso has claimed thatreports the club turned down bids for Paz are ‘untrue’.
What Real Madrid plan to do with Nico Paz
Paz is currently a Como player, havingsigned for a fee of €6m last summer, but a move away from the club remains complicated given that he is still connected to his former team Real Madrid by a series of buy-back options.
COMO, ITALY - AUGUST 24: Nico Paz of Como 1907 celebrates after scoring their team's second goal during the Serie A match between Como 1907 and SS Lazio at Giuseppe Sinigaglia Stadium on August 24, 2025 in Como, Italy. (Photo by Marco Luzzani/Getty Images)
COMO, ITALY – AUGUST 24: (Photo by Marco Luzzani/Getty Images)
Madrid had an option to buy Paz back for a fee of €8m this summer, which they decided against. They still, however, have a €9m option to buy the player back in the summer of 2026, and for €10m in the summer of 2027. Madrid are also entitled to a 50% sell-on if Paz moves elsewhere.
Though Madrid decided against buying Paz back this summer, reports fromCalciomercato.com claim that they have already decided to activate their buy-back option next summer.
PARMA, ITALY - MAY 03: Nico Paz of Como looks on during the Serie A match between Parma and Como at Stadio Ennio Tardini on May 03, 2025 in Parma, Italy. (Photo by Alessandro Sabattini/Getty Images)
PARMA, ITALY – MAY 03: (Photo by Alessandro Sabattini/Getty Images)
This would see the 20-year-old return to the Bernabeu for a fee of €9m, which would bring a small profit of €3m for Como, although that sum does not quite compare to the €70m offer that Tottenham had reportedly submitted.
For now, Paz is expected to stay on with Como for the 2025-26 season according to Wednesday’s update, as he hopes for continuity and regular playing time in Serie A with an eye on the Argentina national team squad for the upcoming FIFA World Cup next summer.
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