As the winter transfer window approaches, Europe’s top teams are already battling for position in one of the season’s most intriguing transfer sagas: the race to sign Argentine sensationz Nico Paz, who is now lighting up Serie A with Como.
Paz, who was previously a member of Real Madrid’s academy, has emerged as one of Europe’s most sought-after young playmakers.
The 21-year-old has four goals and four assists for Como this season.
Chelsea has initiated an official inquiry into Paz’s availability, acknowledging his soaring potential and the possibility that his market value may surpass €100 million in the coming years, according to sources close to the agent industry.
Real Madrid has the keys to the Chelsea target’s future.
However, any agreement for the player is complicated by Real Madrid’s buy-back clauses and a 50% sell-on clause, which were maintained when they sanctioned his transfer to Como.
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Madrid has buy-back options of €9 million in 2026 and €10 million in 2027, giving them a huge advantage in any future transfer negotiations.
Meanwhile, Inter Milan has emerged as a strong competitor in the competition. According to reports, the Nerazzurri are preparing a €58 million bid to Real Madrid for the player’s full rights.
Due to the shared ownership arrangement, any change would require the cooperation of both Como and Madrid.
Arsenal and Tottenham Hotspur are also keenly following the issue. Spurs are thought to have had an initial approach rejected, while Mikel Arteta’s Arsenal are attempting to persuade Paz to consider a Premier League move rather than a return to the Bernabéu.
With Real Madrid’s buy-back rights delaying discussions and Paz’s stock growing with each performance, major teams will pursue the attacking midfielder with a promising future in the game.
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