Nico Paz contract: Why Como rejected $70 million from Tottenham, but might sell to Real Madrid for $10 million

Nico Paz is the reason that you have to view Serie A this season. The Argentinian attacking midfielder is one of the most talented prospects in Europe, a player who can make a difference at any time of the game, as he did during Like’s Opening match of the season against LazioWon 2-0 by the team coached by Cesc Fabregas. The 20-year-old offered a stunning assist and scored a beautiful free kick, which showed why Lionel Scaloni has recorded him several times in the National Team Squad of Argentina.

Paz, who came to Como for $ 6 million in the summer of 2024, is a generation talent, and his former Real Madrid team knows that very well. He debuted under Carlo Ancelotti during the 2023-24 season when he scored his first goal, with a Champions League group stage baming against Napoli At the age of 18, which shows that he could already be a decisive player at the highest level of the game, but the Spanish giants decided to grow him elsewhere. But that does not mean that Real Madrid does not keep up with him.

Paz now appears in como while he starts his second season under Fabregas, and the Italian side is not going to sell him this summer. They have already refused up to $ 70 million to let him go, when Tottenham tried to sign him before the end of the summer transfer window. Como was determined and rejects offers to keep their star in the club. So how did Como succeed in holding him, and why can Real Madrid potentially reduce him in the summer of 2026 for just $ 10 million? Let’s dive into the fascinating details of this transfersaga.

How Real Madrid Control Paz

When Como agreed in the summer of 2024 in the summer of 2024 with a deal with Real Madrid, the two clubs also corresponded to some important clauses around Paz that have a big impact on the club’s strategy this summer. First of all, the Spanish team has a 50% sale clause in the case of a future transfer of the player, which means that if Como agreed on the $ 70 million deal with Spurs, Real Madrid received half of the transfer costs, making it a much less lucrative deal for Como. They also agreed on another clause, which allows Real Madrid to match the offer in the case of a deal with another club. In this case, if Como has accepted the Premier League side’s proposal, the team that is now being coached by Xabi Alonso can have the same offer and the last option for the deal. Real Madrid actually has the option to keep the player control. When you combine the option to match and combine the sale on the clause and then remember that Real also has a series of back-back clauses every summer for fixed amounts in the coming years, € 8 million in 2025, € 10 million in 2026 or € 10 million in 2027, really clear control over the future of Paz. This summer the Blancos decided not to sign him back, but given its value, it is very likely that they will do it in 2026.

What is the next step for Como, Paz and Real Madrid?

Como is now in a difficult place because they know that the longer Paz will stay in the club, the more its value will probably increase, but they also know that it is extremely likely that Real Madrid tent him back for a lower fee in 2026, according to the agreement that was reached with the Spanish club last summer. The Italian team, supported by substantial financial resources, belongs to the European richer clubs and is one of the few Italian teams that can reject such lucrative offers. They have the power to plan the long term and may create a partnership with Real Madrid that can bring more players in the future, learn from the PAZ deal. Because they start a new cycle under Cesc Fabregas, one of the most exciting young managers there, they know that a relationship with Real Madrid can only improve the team in the future, instead of getting half the money from a deal for Nico Paz. There are worse things for the Italian side than to become the last school for a succession of clear young real prospects.

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This is all made easier by the fact that the player himself is happy to stay in the club and refused the option to add to Tottenham this summer. He knows that he can grow in Como without the Premier League pressure and can concentrate on his entire season under Fabregas on his way to the World Cup 2026, where he is expected to be part of the Argentina team. Real Madrid, on the other hand, learns from some mistakes they have made in the past, while, for example, they did not match the PSG offer on Achraf Hakimi when he left Under In the summer 2021, in a similar situation, with a similar clause as the one they now have for Paz. That decision turned out to be wrong, and despite a selection that was already full of elite -coming midfielders and strikers, a talent like Paz remains a valuable active that is worth securing.