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What Happened to Nicolás Paz Martínez?

Nicolás Paz, an Argentine attacking midfielder, rose through Real Madrid's academy before making a significant impact at Serie A club Como, where he became a standout player and earned a call-up to the Argentina national team. As of June 2026, he is preparing for the FIFA World Cup with Argentina, amidst speculation about Real Madrid activating his buy-back clause for a potential return.

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Quick Answer

Nico Paz is a 21-year-old Argentine attacking midfielder who currently plays for Serie A club Como, where he has become a key player and was named Best Under-23 player in the 2024-25 season. He made his senior debut for the Argentina national team in October 2024, assisting Lionel Messi, and has been selected for the 2026 FIFA World Cup squad. As of June 2026, Real Madrid holds a buy-back clause for Paz, with reports indicating a potential return, though recent developments suggest he might prefer to stay at Como for another season.

📊Key Facts

Current Club
Como (Serie A)
Wikipedia, FotMob, Transfermarkt
Market Value (May 2026)
€80.00 million
Transfermarkt
Argentina Senior Caps (as of June 2026)
8
Sofascore, 365Scores
Argentina Senior Goals (as of June 2026)
1
Sofascore
Serie A 2025/26 Goals
12
FotMob
Serie A 2025/26 Assists
6
FotMob
Transfer Fee to Como (2024)
€6 million
Wikipedia, Football Transfers
Real Madrid Buy-back Clause
€9 million
Transfermarkt, Football Transfers

📅Complete Timeline12 events

1
September 8, 2004Major

Born in Santa Cruz de Tenerife, Spain

Nicolás Paz Martínez was born in Santa Cruz de Tenerife, Spain, the son of former Argentine international Pablo Paz.

2
2016Major

Joined Real Madrid's La Fábrica academy

Paz joined Real Madrid's prestigious youth academy, La Fábrica, at the age of 11, after playing for CD San Juan and Tenerife.

3
January 2022Notable

Real Madrid Castilla debut

He made his senior debut for Real Madrid Castilla in a 3-1 win over Andorra.

4
March 2022Major

First call-up to Argentina senior national team

Paz received his first call-up to the senior Argentina national team, highlighting his potential at a young age.

5
November 8, 2023Major

Real Madrid first-team and Champions League debut

Paz made his first-team and Champions League debut for Real Madrid in a group stage match against Braga, coming on as a substitute.

6
November 29, 2023Major

Scored first Champions League goal

He scored his first goal in the Champions League, securing a 4-2 win against Napoli.

7
August 25, 2024Critical

Transferred to Como

Paz signed a four-year deal with newly promoted Serie A club Como for a reported €6 million fee, seeking more regular first-team opportunities.

8
October 15, 2024Critical

Argentina senior national team debut and assist

He made his senior debut for Argentina in a 2026 FIFA World Cup qualifying match against Bolivia, providing an assist for Lionel Messi in a 6-0 victory.

9
2025Critical

Named Serie A Best Under-23 player

Paz was named Best Under-23 player at the 2024–25 Serie A Awards and included in the 23-man squad for the Serie A Team of the Season, following an outstanding debut season with Como.

10
May 29, 2026Major

Market value reaches €80.00 million

His market value soared to an estimated €80.00 million according to Transfermarkt, reflecting his rapid rise in European football.

11
June 3, 2026Major

Undergoing knee injury rehabilitation ahead of World Cup

Paz was reported to be undergoing specialized rehabilitation for a knee injury just 13 days before Argentina begins its 2026 World Cup campaign.

12
June 9, 2026Critical

Uncertainty over Real Madrid return, prefers to stay at Como

Reports emerged indicating doubts about his immediate return to Real Madrid, with Paz reportedly preferring to stay one more season at Como, and the final decision resting with new Real Madrid manager José Mourinho.

🔍Deep Dive Analysis

Nicolás Paz Martínez was born on September 8, 2004, in Santa Cruz de Tenerife, Spain, and is the son of former Argentine international Pablo Paz. His football journey began at CD San Juan and Tenerife before he joined Real Madrid's prestigious La Fábrica academy in 2016 at the age of 11. Initially playing as a central defender, Paz transitioned to more advanced midfield roles as he developed, showcasing his versatility and technical prowess.

Paz progressed through Real Madrid's youth ranks, making his senior debut for Real Madrid Castilla in January 2022. His first-team debut for Real Madrid came on November 8, 2023, in a UEFA Champions League match against Braga, followed by his La Liga debut later that month. He notably scored his first Champions League goal on November 29, 2023, against Napoli. Despite these flashes of promise, Paz sought more consistent first-team opportunities and, in August 2024, signed a four-year deal with newly promoted Serie A club Como for a reported €6 million fee. Real Madrid, however, retained a buy-back clause, reportedly for €9 million, valid for the summers of 2025, 2026, and 2027.

Under the mentorship of manager Cesc Fàbregas, Paz flourished at Como, quickly establishing himself as a regular starter and a pivotal attacking midfielder. His debut for Como was on August 26, 2024, against Cagliari, and he scored his first goal for the club on October 19, 2024, against Parma. His exceptional performances during the 2024-25 season earned him the Best Under-23 player award at the Serie A Awards and a spot in the Serie A Team of the Season. In the 2025-26 Serie A season, he continued his impressive form, recording 12 goals and 6 assists.

Paz's impressive club form led to his first call-up to the senior Argentina national team. He made his debut on October 15, 2024, in a 2026 FIFA World Cup qualifying match against Bolivia, where he provided an assist for Lionel Messi in a 6-0 victory. Messi himself praised Paz's "incredible mindset". As of June 2026, Paz has made eight appearances for Argentina and has been selected for the 2026 FIFA World Cup squad. Notably, he is set to become the first player in Argentina's history to play in a World Cup without having played for a club in the country, even at youth level.

As of June 10, 2026, Paz is reportedly undergoing specialized rehabilitation for a knee injury ahead of Argentina's World Cup campaign. His market value has soared to an estimated €80 million. While Real Madrid has been widely expected to activate their €9 million buy-back clause to bring him back in June 2026, recent reports from June 9, 2026, indicate some uncertainty. Paz himself is reportedly considering staying at Como for another season, where he is guaranteed significant playing time and Como will participate in the 2026/27 Champions League. The final decision regarding his immediate future at Real Madrid is said to rest with the club's new manager, José Mourinho.

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People Also Ask

What team does Nico Paz play for in 2026?
As of June 2026, Nico Paz plays as an attacking midfielder for Serie A club Como. He joined Como in August 2024 from Real Madrid.
Has Nico Paz played for the Argentina national team?
Yes, Nico Paz made his senior debut for the Argentina national team on October 15, 2024, in a 2026 FIFA World Cup qualifying match against Bolivia, where he provided an assist for Lionel Messi. He has been selected for Argentina's 2026 FIFA World Cup squad.
Did Real Madrid sell Nico Paz?
Real Madrid sold Nico Paz to Como in August 2024 for a reported €6 million fee. However, Real Madrid retained a buy-back clause, reportedly for €9 million, valid for the summers of 2025, 2026, and 2027.
What is Nico Paz's market value?
As of May 2026, Nico Paz's market value is estimated to be €80.00 million by Transfermarkt. Other sources indicate a range between €58.1M and €71M.
Will Nico Paz return to Real Madrid?
Real Madrid holds a €9 million buy-back clause for Nico Paz, and a return in June 2026 has been widely anticipated. However, as of June 9, 2026, reports suggest uncertainty, with Paz reportedly preferring to stay at Como for another season, and the final decision resting with Real Madrid's new manager, José Mourinho.