Como are set to keep Nico Paz at the centre of their plans for now, even with Arsenal reportedly viewing the Argentine as a longer-term option for 2027. Any future move looks far from straightforward, with Paz already settled in Italy and Real Madrid understood to hold a buy-back option worth €80 million in the summer of 2027.
- Arsenal’s interest in Nico Paz is reportedly being framed around 2027 rather than an immediate move.
- Paz remains a Como player after the Italian club signed him permanently for around €60 million.
- Real Madrid could yet complicate any future deal through a possible €80 million return route in 2027.
Nico Paz’s Current Situation at Como
Nico Paz is thriving at Como, and the attacking midfielder has given the club plenty of reasons to believe they made the right call in securing his services. Capable of operating from the right flank, he adds another layer of versatility to a reputation that continues to grow in Italy.
During his second full season at Como, Paz scored 13 goals and provided seven assists across all competitions, with 12 of those strikes coming in Serie A during the 2025 campaign. Como then signed him permanently for around €60 million after the 2025-26 season, underlining just how highly the club values his development.
Paz’s decision to stay made perfect sense on a footballing level. Regular starts at Real Madrid were far from guaranteed, whereas Como offered him a clear role, Champions League football, and a setup tailored to his strengths. Manager Cesc Fàbregas views Paz as an ideal fit for Como’s style, providing the youngster with the perfect platform to build on his rapid rise.
Tottenham Interest and Real Madrid’s Buy-Back Position
Tottenham’s previous attempts to sign Paz highlight why Arsenal will not be looking at a simple deal if they revisit their interest in 2027. Spurs reportedly failed with summer approaches for the midfielder, including an offer of around €70 million that was swiftly knocked back.
The bigger complication, however, is Real Madrid’s position. Their arrangement with Como is understood to include a 50% sell-on clause and a first-refusal right to match another club’s final offer, while Madrid could also have the option to re-sign Paz for €80 million in the summer of 2027. That leaves Como in a strong negotiating position and means any future chase will depend on much more than just Arsenal deciding they want the player.
Arsenal’s Long-Term Path to Nico Paz
Paz could eventually offer Arsenal another dynamic attacking-midfield option alongside Martin Ødegaard and Eberechi Eze, but any move would remain a future-looking possibility shaped by Como’s stance, his continued progress and Real Madrid’s decision.
A workable route might involve Arsenal striking a direct agreement with Como while arranging compensation for Real Madrid to waive their re-signing rights. Even that is just one possible scenario, and it would still rely heavily on Como’s stance, Paz’s continued progress, and Madrid’s final decision when 2027 arrives.
For now, the focus is on Paz’s ongoing development. Como’s 2026-27 Champions League campaign gives him a high-level stage to strengthen his case even further, and Arsenal’s interest will only become more meaningful if he keeps elevating his game before those major decisions need to be made.
