Nico Paz has had a season to remember in Serie A. His talent and consistency have made him one of the biggest sensations. The Argentine has shown a level that few footballers his age can match.
Last season, his performance was recognized with the award for the best under-23 in the Italian competition. This award reflects his enormous potential. However, his contract situation with Real Madrid continues to generate debate.

Florentino Pérez could have brought him back this summer for just eight million euros. Despite the opportunity, the option has not been activated. Thus, Nico will continue for another year defending Como's colors.
Florentino Pérez keeps the buyback option for Nico Paz
Real Madrid has a clause to bring him back next summer for nine million euros. The decision has not been made yet. At Bernabéu, they know that if they wait any longer, the opportunity could disappear forever.
In recent hours, some statements from the attacking midfielder have reignited the uncertainty. His tone has been colder than on other occasions when he spoke about his future. This has set off the alarm among Madridist fans.
Nico Paz and his future away from Real Madrid
"Closed chapter? You never know; I'm focused on my club and I have no idea about the future", Nico Paz said. His words contrast with the excitement he showed in the past about returning to Madrid. Now they seem to leave the door slightly open, but without enthusiasm.

At Como, he is the absolute reference and the most decisive footballer. At Real Madrid, he would have Bellingham, Arda Güler, Brahim, and Mastantuono ahead of him. The competition in midfield is fierce and his role would be very different.
Florentino Pérez must decide in 2026 on Nico Paz's future
Next summer will be the last chance for Real Madrid to exercise the buyback. After that, they would lose all control over the Argentine. Florentino Pérez knows that delaying the decision could mean saying goodbye to a consolidated prospect.
The Madridist fanbase is divided between those who believe he should return and those who think his chapter is already closed. The next season will be key to defining his fate. Until then, Nico Paz will keep shining in Italy.
His football maturity is increasingly evident, which increases the interest of major European entities. Serie A will soon be too small for him, and many believe he is ready for a bigger challenge. Florentino will have to decide if that leap happens in Madrid or elsewhere.