Barcelona have reportedly identified Argentine midfielder Nico Paz as a potential transfer target, raising the possibility of a controversial move involving a player developed by their biggest rivals, Real Madrid.
According to information attributed to journalist José Félix Díaz, Barcelona are interested in bringing the Como midfielder to Catalonia. However, Real Madrid’s contractual rights represent a significant obstacle to any potential agreement.
Paz has established himself as one of the most exciting young attacking midfielders in European football since leaving Madrid for Como in 2024.
His development under Cesc Fàbregas has attracted attention beyond Italy, with his technical ability, creativity and influence in attacking areas making him an appealing prospect for clubs looking to strengthen their midfield.
The Argentine international is particularly effective when receiving possession between the lines, combining close control with the ability to advance the ball and create opportunities for teammates.
His versatility also allows him to operate in different attacking positions, offering the kind of flexibility that could make him an attractive addition to Barcelona’s midfield.
However, any potential transfer would be complicated by the agreement between Como and Real Madrid.
In June 2026, Madrid officially announced that Paz would remain with the Italian club for the 2026-27 season at the player’s request. The agreement also preserved Madrid’s unilateral option to buy him back for the 2027-28 campaign.
According to José Félix Díaz from AS, the agreement reached in June followed Paz’s preference to continue developing at Como rather than return to Real Madrid immediately.
The midfielder had been considered for a return to Madrid ahead of the current season, but concerns about his opportunities in the first team contributed to his decision to remain in Italy.
The financial terms also make the situation particularly complicated for Barcelona.
AS reported that Como agreed to a deal worth €60 million, while Madrid retained a buyback option worth €80 million for the summer of 2027, alongside a potential right of first refusal involving other interested clubs.
Barcelona’s reported interest comes as Paz continues to build his reputation in Serie A and the Champions League.
His performances have also attracted attention from Manchester United, adding another potential competitor for his signature ahead of the next summer transfer window.
For Barcelona, signing a player who developed in Madrid’s academy would represent an especially notable transfer. Paz already understands Spanish football, having progressed through Madrid’s youth system and made appearances for the first team under Carlo Ancelotti.
His experience in Italy has since allowed him to develop into a more complete attacking midfielder, with greater responsibility in possession and a prominent role in Fàbregas’ system.
Any move to Barcelona would require navigating Madrid’s contractual advantage and persuading Paz that his future belongs at Camp Nou rather than Como or the Santiago Bernabéu.
With the 2027 summer transfer window still several months away, the Argentine’s future remains a subject of considerable interest as European clubs monitor his development.
