A transfer strategy circulating in football media suggests that once the buy-back is activated, Real Madrid would offer Como the chance to re-sign Paz for a fee close to €60 million. As part of that plan, Madrid would include a new buy-back clause valued at around €80 million, enabling sustained control over the player’s trajectory if his development continues.
If Como chooses not to meet the proposed valuation, Real Madrid is expected to place Paz on the open market. In that scenario, they would target higher transfer fees from other interested clubs and could proceed without another buy-back arrangement. Inter Milan has shown interest in Paz, highlighting the broader market demand for the Argentine midfielder.
Madrid’s rationale behind pursuing a longer-term approach is that another season at Como might not provide the necessary progression for Paz’s development, prompting the club to explore options that could accelerate his growth and maximize potential returns.
There is also a consideration regarding the contractual terms of Paz’s agreement with Como. The deal reportedly includes a mandatory waiting period of 12 weeks between the player’s return to Real Madrid and any subsequent transfer, which could influence how quickly a permanent sale could take place after triggering the buy-back. As a result, Real Madrid could explore alternative structures within the same transfer window to move Paz on, if needed.
One proposed solution involves a loan arrangement that includes a mandatory purchase option. This structure would allow Real Madrid to comply with the contract’s restrictions while still facilitating Paz’s move, should an immediate permanent transfer become impractical.
Meanwhile, there is speculation about how Jose Mourinho’s pre-season plans could impact Paz’s immediate evaluation. The coaching staff may assess Paz alongside the first-team squad before a final decision is made regarding his long-term status at Real Madrid.
Overall, Paz’s pathway remains uncertain, with Real Madrid holding a potential buy-back option and considering various routes to maximize the player’s development and future value. As the summer unfolds, the club’s next steps will seek to balance direct control over Paz’s rights with opportunities for meaningful playing time and growth, whether within Real Madrid’s first team, another loan spell, or a broader transfer strategy.
