Real Madrid confident Nico Paz will return from Como in 2027 | OneFootball

Spanish reports state that Real Madrid have every intention of using their €80m buy-back option for Nico Paz in 2027 after Como purchase the remaining 50 per cent for €60m.

The complicated deal was confirmed yesterday by multiple sources in Italy and Spain, ensuring that he can continue his career development under the guidance of Cesc Fabregas.

Nico Paz future between Como and Real Madrid

SASSUOLO, ITALY – APRIL 17: Nico Paz of Como 1907 looks on during the Serie A match between US Sassuolo Calcio and Como 1907 at Mapei Stadium Citta del Tricolore on April 17, 2026 in Sassuolo, Italy. (Photo by Alessandro Sabattini/Getty Images)

Como had bought the player from the Real Madrid youth academy for €6m in 2024, but the Merengues retained either a 50 per cent cut of his future sale, or a buy-back option set at €9m in 2026 and €11m in 2027.

They did not actually activate that, merely informing Como this week that they intended to, giving the Lariani the opportunity to buy the remaining 50 per cent for €60m.

This gives the Argentina international a total valuation of €120m on the market.

COMO, ITALY – APRIL 12: Nico Paz of Como 1907 celebrates after scoring their team’s second goal during the Serie A match between Como 1907 and FC Internazionale at Giuseppe Sinigaglia Stadium on April 12, 2026 in Como, Italy. (Photo by Marco Luzzani/Getty Images)

Como accepted and will sign the paperwork over the next few days, but Real Madrid secure a new buy-back clause for €80m that is only valid for the summer of 2027.

According to Diario AS, the giants are confident they will exercise that next year and bring the talent back to the Bernabeu.

In the meantime, Nico Paz has the opportunity to play regularly in Serie A and also the Champions League, further developing his experience before making the big leap to Madrid.

Considering the prices paid by Como and the clauses, in the end Real Madrid should get a fully developed Nico Paz back in 2027 at a cost of just €14m.

That is €80m minus the €66m transfer fees paid between 2024 and 2026.