Nico Paz

Based on available data, Nico Paz's transfer from Real Madrid II to Como in August 2024 was for a reported €6.0M. By mid-2025, valuations in reports linked to Inter and Chelsea were around €25M-€30M. The market escalated significantly in August 2025, with reports of Tottenham having a €40M offer rejected, followed by a €50M offer, and then a rejected €70M bid. Como was said to value him at €70M, potentially negotiating from €60M. At the same time, Manchester United was reportedly preparing a €70M bid, while Tottenham and Chelsea were linked with €80M offers in August and September 2025. By late 2025, Inter was linked with offers from €58M up to €65M, and some reports speculated his market value could reach €100M. A key factor is Real Madrid's special buy-back clause, reported to be €9M or €10M for the summer of 2026.

Our valuation for Nico Paz is driven by his breakout season in Serie A and the intense interest from top Premier League clubs in the summer of 2025. The most significant signals are Tottenham's reported rejected bid of €70 million and subsequent reports of prepared €80 million offers from both Tottenham and Chelsea. While these figures indicate a high open-market value, the situation is uniquely complicated by Real Madrid's low-cost buy-back clause, which is expected to be activated in 2026 and prevents a straightforward bidding war.