Nico Paz was one of Real Madrid's greatest hopes in recent years. The Argentine midfielder, who came up through the club's youth academy, showed all his potential during his loan spell at Como 1907 in Italy. At 20 years old, he excelled brightly: 35 matches, 6 goals, 9 assists, and such a high level of performance that he was chosen as the best young player in Serie A.
With such a season, it seemed certain he would return to Real Madrid. With Xabi Alonso as the new coach, he saw him as a valuable attacking option. The plan was simple: pay the ā¬6 million buy-back clause and bring him back for preseason, but in soccer, everything can change in an instant.
Mastantuono, the factor that changed everything
While Nico's return seemed just days away, the club completed an unexpected signing: Franco Mastantuono, River Plate's gem, just 16 years old. Real Madrid triggered his clause and secured one of the most promising talents in Argentine soccer.

His arrival, together with the presence of Rodrygo, Arda Güler, and other young attacking players, changed the sporting plans. Xabi Alonso understood he couldn't give everyone the minutes they need to develop. The one who ended up most affected was Nico Paz.
The club made a clear decision: not to bring the Argentine back this summer. Not due to a lack of trust, but to avoid hindering his progress. As of now, Real Madrid is full of young talent, and there's no room for everyone.
A long-term plan: buy-back in 2026 and 2027
Although he won't return this season, Real Madrid isn't losing sight of Nico Paz. The agreement with Como includes two future buy-back clauses. In the summer of 2026, the club can bring him back for ā¬9 million, and in 2027, for ā¬10 million.
This strategy shows the club still believes in his development; they don't want to bring him back just to have him. They want him to return when he can play a leading role. Meanwhile, the midfielder will keep getting minutes in Serie A, in a competitive and demanding environment.
What does this mean for Nico Paz's future?
For Nico, this isn't a closed door; it's an opportunity. Sometimes, not being at Real Madrid is the best way to return in better shape. He'll have another full season as a starter, away from the pressure of BernabƩu, and with the chance to keep growing.
If he keeps his level, everything suggests that in 2026 the club will go for him. At 20 years old, time is on his side. Real Madrid hasn't ruled him out: they're just waiting for him and if everything goes well, that return will only be a matter of time.