€50m Bid Reportedly ‘Rejected’
Nico Paz demonstrated his exceptional skill by scoring a goal and providing an assist in a standout performance against Lazio, helping Como secure a significant victory in their return to Serie A. This display came amid increasing rumors regarding his future, as Tottenham Hotspur reportedly had a €50 million bid turned down for the 20-year-old. Paz emerged as one of the breakout stars of Serie A last season, and his extraordinary potential suggests a bright future ahead.
His impressive performances for Como have underscored Real Madrid’s reluctance to sell him last summer, especially since they have a beneficial buy-back option in place. According to Fabrizio Romano, Madrid played a key role in blocking Tottenham’s pursuit of Paz, as they intend to bring him back to the Santiago Bernabeu next season.
Real Madrid’s Strategic Move for Nico Paz
It is well-known that Madrid included a favorable buy-back clause in the agreement with Como, which was essential for them to allow his departure. Many view Paz’s time in Lombardy as akin to a loan, with former Real Madrid manager Carlo Ancelotti previously stating that the talented midfielder is ‘the future of Madrid’. Reports indicate that Madrid has the option to re-sign Paz for €9 million this summer, with the fee increasing by €1 million each subsequent summer until 2027, as his contract with Como extends until 2028.
Paz has expressed his desire to return to the Spanish capital, and Madrid is pleased with his undeniable growth at Como. Reports from Transfermarkt suggest that Madrid plans to activate their buy-back option next summer and may even offer Como a bit more than the €10 million clause to ensure Paz’s development continues. While Como values Paz around €70 million, this becomes moot because Madrid would simply opt for the buy-back instead of allowing a sale, enabling them to profit later. Despite Tottenham’s interest in the player, it appears highly unlikely he will be joining Thomas Frank’s side this summer due to these circumstances.
Assessing Nico Paz’s Abilities
Originally from Tenerife, Paz has chosen to represent Argentina rather than Spain and earned his first international cap in October due to his outstanding performances at Como. He gained attention after scoring for Madrid against Napoli in the Champions League shortly after turning 19 in 2023, but it is in Italy where he has truly built his reputation, set against the stunning backdrop of the Alps and Lake Como. The 20-year-old stands over 6 feet tall, combining impressive physicality with an elegance that makes him both effective and a joy to watch.
While there are areas for improvement—such as his weaker right foot and finishing—he is learning under the ideal guidance of Como’s head coach, Cesc Fàbregas. Paz is highly versatile, capable of excelling in multiple positions, though Fàbregas has primarily utilized him as a creative force in an attacking midfield role within a 4-2-3-1 formation. Last season, his attacking metrics ranked among the best for midfielders across Europe’s top five leagues, exemplified by his remarkable showing against Lazio. After the match, Fàbregas expressed confidence regarding Paz’s continued presence at Como this season, reflecting Madrid’s influence. “I’m very calm and relaxed,” Paz stated. “He’s a top, top player, and he’s very happy here at Como.”
