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Real Madrid to Activate €10m Buy-Back for Nico Paz

The club will regain contractual control to push for a much higher transfer fee despite a reported 12-week restriction on immediate permanent sales.

Overview

  • On Thursday, June 25, 2026, multiple reports said Real Madrid will trigger a roughly €10 million buy-back clause to bring 22-year-old Nico Paz back from Como and regain control of his future.
  • Madrid is reported to plan either to offer Como about €60 million to re-sign Paz with a fresh buy-back around €80 million or to place him on the market for roughly £52m/€60m if Como do not agree.
  • Inter Milan and other European clubs are positioned to pursue Paz once Madrid activates the clause, with Italian reports saying Inter are highly determined to sign him.
  • A reported mandatory 12-week waiting period in Paz’s contract could block an immediate same-window permanent sale, prompting workarounds such as a loan with a mandatory purchase, a pre-season assessment at Madrid, or waiting until January.
  • Paz’s breakout season at Como (about 13 goals and eight assists) lifted his value and gives the player leverage because he has pushed for regular first-team minutes rather than a likely bench role at Madrid, which will shape negotiations and his next destination.