Real Madrid has a competitor for Nico Paz

Nico Paz has become one of the most sought-after names in the 2027 transfer market, and Real Madrid will have to keep an eye on several competitors if they want to reclaim the Argentine midfielder from Como. Manchester United, Arsenal, Chelsea, and Paris Saint-Germain are all following his progress, although none have so far made an offer that threatens the whites' position.

The 22-year-old is having a fantastic time in Italy, and his performances in the Champions League have heightened the interest of major European clubs. Real Madrid has a buyback option of 80 million euros, valid for the summer of 2027, which gives them a contractual advantage over their rivals.

Nico Paz vs Uruguay 🇦🇷 https://t.co/Y9OnuP22ED

— am (@rembel_6) November 14, 2026

Manchester United and Chelsea threaten Real Madrid's plans for Nico Paz

One of the competitors generating the most attention is Manchester United. According to reports published in England, the British side is closely monitoring Nico Paz ahead of next summer and sees his addition as a possible medium-term solution for their creative department.

The contractual situation of Bruno Fernandes, whose relationship with the English club is approaching its decisive phase, has fueled speculation. The Argentine could fit as an alternative for that position, although available information does not indicate any ongoing negotiations or a formal offer from United.

Chelsea is also among the clubs keeping tabs on the player. The London club has been incorporating young talent into their squad for some time and believes Paz could be a market opportunity if Real Madrid decides not to execute their buyback option.

Thus, the English competition is not limited to just one team. However, it is important to differentiate between monitoring players and an economic offensive: so far, there is no evidence that Chelsea or Manchester United have initiated negotiations with Como.

Arsenal and PSG join the race for the Argentine

Arsenal is another of the teams linked to Nico Paz. Reports on the interest of the Londoners indicate that Mikel Arteta values adding another player capable of creating chances and operating between the lines. His potential fit within the team would also depend on the roster planning for 2027.

The Paris Saint-Germain rounds out the list of major candidates. The financial power of the French club would allow them to compete for a high-cost operation if they choose to turn their interest into a concrete proposal. Moreover, the Argentine's offensive profile would suit a squad looking to maintain creative alternatives in the final third.

In any case, the interest from these teams has not yet translated into a formal dispute with Real Madrid. Fabrizio Romano has explained that numerous European clubs are following the player, but he has also insisted that the whites retain control of the situation thanks to the terms agreed with Como.

Como and a clause that conditions Nico Paz's future

The position of the Italian club will also be crucial. Their sporting director, Carlalberto Ludi, stated on November 6 that Nico Paz belongs to Como, although he acknowledged that Real Madrid holds an option to bring him back.

The Argentine has six goals and eight assists in 14 matches, according to records published on November 14. His offensive output explains why several teams have begun to examine his situation.

Moreover, there is a precedent showing that interest can lead to a significant operation: Tottenham made a proposal of 50 million euros fixed plus 22 million in variables in the summer of 2025, but both Como and the player rejected that possibility.

The next step will come in the weeks leading up to the summer market of 2027. Real Madrid will have to decide whether to activate the 80 million euros of their buyback option or allow Manchester United, Arsenal, Chelsea, and PSG to attempt to convince the player to continue his career away from Santiago Bernabéu.

This is an automatic translation. You can read the original news, Al Real Madrid le sale un competidor por Nico Paz