Real Madrid retain full control over Nico Paz’s future with buy-back clauses, sell-on rights and matching rights. The Como star is thriving under Cesc Fàbregas and could be Madrid’s first summer signing.
Real Madrid still control Nico Paz’s future
Real Madrid have kept remarkable control over Nico Paz’s future despite his move away, and the clause structure explains why the midfielder is being tipped as a likely summer return. The current setup includes a €9m buy-back clause for 2026, a €10m buy-back clause for 2027, plus a 50% sell-on clause and matching rights. Reports around Madrid’s planning say the club still count on Paz as part of their long-term project.
That gives Madrid huge leverage. If they want him back this summer, the price is manageable by elite-market standards. If they do not, they still keep powerful control over any future move.
Why Nico Paz is pushing back onto Madrid’s radar
Paz has had an excellent season at Como, and his development under Cesc Fàbregas is one of the reasons his return to Madrid is being discussed so seriously. Como have been able to give him the kind of consistent role and tactical trust that young attacking midfielders need, and he has responded with maturity and output.
His progress has not only been visible at club level. Paz also scored his first goal for Argentina in a recent friendly, another moment that strengthened the sense that his profile is accelerating quickly.
Who is Nico Paz?
Nico Paz is a 21-year-old attacking midfielder with both Argentina and Spain eligibility, currently under contract at Como until 2028. He is viewed as a creative, technically gifted final-third player who can operate between the lines, progress the ball, and add end product from midfield zones.
That combination of age, output and stylistic fit is why Madrid’s clause package now looks so valuable. They are not buying back a prospect in the abstract. They would be bringing back a player who has already made a strong step forward in Serie A.
The agency behind him – DC Global and Tiki Gallego
Paz is represented by DC Global SL, a Madrid-based agency led by Juan Ignacio “Tiki” Gallego, who is listed publicly as CEO, founder and licensed agent. The firm operates between Spain and Argentina and positions itself around full-career management, legal support, financial services and day-to-day player guidance.
The agency’s roster also includes names such as Máximo Perrone, Giovani Lo Celso and Leandro Paredes, showing its strong Argentina-Spain corridor and its relevance in precisely the kind of elite-market conversations Nico Paz is now attracting.
The growing expectation around Paz is not just that he has a bright future, but that this summer could be the moment Real Madrid activate their control. That makes this one of the most interesting “return” stories in the market. Real Madrid do not need to outbid anyone in the normal way. They already built the road back when they sold him.
