Real Madrid are preparing to bring back Nico Paz as early as June 2026, leveraging a €9m buy-back clause active next year, rising to €10m in 2027, alongside 50% sell-on and matching rights. This was revealed by transfer expert Fabrizio Romano on his official X handle.
Romano shared:
Real Madrid’s total control for Nico Páz future: – €9m buy back clause for 2026. – €10m buy back clause for 2027. – 50% sell-on clause and matching rights. Real Madrid count on Nico as part of their long term project, expected to be first signing for this summer.
Previously, Softfootball reported that the move has been in development for months as the club finalizes plans for the upcoming summer window.
The 21-year-old midfielder, a product of Madrid’s academy who made his senior debut in 2023, has impressed during loan spells at Girona and Como. His current campaign in Serie A has been particularly notable, with five goals in 20 starts, boosting his market value to around €20m and reinforcing Madrid’s belief in his long-term potential.

This approach highlights Madrid’s well-established youth pipeline strategy, allowing emerging talents to gain experience elsewhere before being re-integrated at a controlled cost. Similar pathways have worked in the past, notably with Dani Ceballos, strengthening the club’s squad depth while minimizing financial risk.
Fresh off a 3–2 victory over Atlético Madrid, the Spanish giants are balancing immediate success with future planning. Fan reactions remain mixed, with excitement over Paz’s return tempered by concerns about how he will fit into an already competitive midfield setup.