Real Madrid have exercised the option of activating Nico Paz’s €9 million buy-back clause.

Paz spent last season on loan at Serie A side, Como.

But the Italian side would now need to pay up to €60 million if they want to sign the midfielder on a permanent deal.

This was confirmed by football transfer expert, Fabrizio Romano, via his X account on Thursday.

Romano wrote: “Real Madrid officially inform Como they activate €9m buy back clause for Nico Páz.

“Nico returns and the club gives Como the chance to buy him for €60m from now to Monday.

“Otherwise, next week Nico will be back to Real Madrid — and on the market again for more than €60m.”

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