Nico Paz’s €60 million Real Madrid transfer saga draws Premier League and Arsenal interest

Real Madrid has set a €60 million price for Argentine midfielder Nico Paz, who is currently on loan at Italian club Como. The Spanish side retains a 50 % stake in any future resale and has agreed a buy‑back clause that could see Paz return for €10‑11 million before a potential resale at six times that amount.

Como is weighing the option of exercising the buy‑back right, while reports suggest Premier League clubs and Arsenal have shown interest in the 21‑year‑old. Mourinho, now Real's manager, has confirmed the fee but cannot guarantee Paz playing time, prompting the player to consider staying in Italy where he has a leading role and the prospect of Champions League football.

The transfer negotiations involve Real Madrid (Spain), Como (Italy) and prospective suitors in England, highlighting a complex multi‑club deal that could reshape Paz’s career trajectory.