Real Madrid's €80m buy‑back clause anchors Nico Paz's future

Real Madrid have completed the permanent transfer of Argentine midfielder Nico Paz to Serie A side Como for a reported €60 million, while securing an €80 million buy‑back option that can be exercised only in the summer 2027 window, with Como ultimately winning the race for the midfielder. Inter Milan remained interested throughout the process, but the Serie A club managed by former Barcelona star Cesc Fabregas persuaded both the player and Real Madrid to finalize the permanent move.

In addition to the buy‑back provision, the agreement includes a substantial sell‑on clause that favours Real Madrid, ensuring the Spanish giants continue to benefit financially from any future transfer of the player. The sell‑on clause ties future earnings to Real Madrid's interests.

The €80 million buy‑back clause is limited to the summer 2027 transfer window; if Real Madrid do not activate it before the deadline, the right to re‑sign Paz lapses permanently, granting Como full control over his future.

Negotiations were concluded after decisive work from Cesc Fabregas and Como president Mirwan Suwarso, with Nico Paz himself approving the move. Both parties expressed satisfaction with the structure of the deal.

Real Madrid had previously exercised an original €9 million buy‑back option before entering fresh talks with Como for a permanent transfer that safeguards their long‑term interests. The new arrangement replaces the earlier clause with the higher €80 million figure.

Inter Milan monitored the situation closely and were prepared to discuss a deal worth around €70 million if Como failed to reach an agreement, but ultimately Como emerged victorious in securing the player.

The limited timeframe means Real Madrid must decide quickly in 2027, after which Como will hold unrestricted rights to the Argentine midfielder.