Tottenham Hotspur are preparing to launch a second bid for Argentine midfielder Nico Paz following the rejection of their initial €70 million offer by Serie A club Como. Reliable transfer expert Fabrizio Romano reports that Spurs remain intent on adding a new number ten before the window closes, and the young playmaker is at the very top of their shortlist.

At just 20 years old, Paz has already made a name for himself as one of Italy’s brightest rising stars. Standing at 186 cm, he has been instrumental in Como’s impressive rise, showcasing outstanding creativity, technical quality, and an ability to influence games in the attacking third. Over the 2024–25 campaign, the midfielder featured in 37 appearances in all competitions, contributing seven goals and ten assists. His consistency and maturity on the pitch have quickly made him a target for several European heavyweights.

Internationally, Paz is already earning recognition. He has represented Argentina’s senior national team three times and also made four outings for the Argentina U23 side. His composure, intelligence, and versatility have marked him out as one of the most exciting prospects to come through in recent years.

Football pedigree runs in his family, as he is the son of Pablo Paz, the former Argentina international who played at the 1998 World Cup in France. Nico’s development has been closely followed by scouts across Europe, and according to Transfermarkt.com, his current valuation stands at €35 million—significantly lower than Tottenham’s opening bid, showing the premium placed on his potential.

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Despite Spurs’ aggressive pursuit, the player’s immediate preference is to remain at Como for the 2025–26 season. Reports suggest he is already planning a return to Real Madrid, where he spent his formative years. Paz previously featured extensively for Real Madrid Castilla, tallying 12 goals and seven assists across 54 appearances. His deep-rooted connection to the Spanish giants remains strong, and crucially, Real Madrid have inserted a €10 million buy-back clause that becomes active next summer. That clause could completely alter the transfer race, leaving Tottenham in a difficult position.

For the North London club, the chase for Paz underlines a clear tactical need. Since Christian Eriksen’s departure, Spurs have struggled to consistently fill the creative void at number ten. While James Maddison has offered quality, manager Thomas Frank is eager to strengthen further and build greater depth in midfield. Paz, with his blend of flair, vision, and end product, is viewed as an ideal addition to the system.

Convincing Como, however, will not be easy. The Italian side regard Paz as the centerpiece of their project and are unwilling to part ways unless a truly irresistible proposal is presented. Furthermore, with the player himself keen to stay for at least another season, Tottenham’s hopes may rest on dramatically increasing their offer or structuring a deal that benefits all parties.

The future of Nico Paz is now one of the hottest stories of the summer transfer market. Tottenham remain persistent, Como are determined to hold onto their rising star, and Real Madrid loom in the background with a buy-back option that could change everything. With so much at stake, this developing saga is set to be one of the most closely followed narratives of the transfer window.

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