According to a report by Football London on Thursday October 22, 2026, Chelsea are reportedly monitoring Como sensation Nico Paz following his outstanding performance against Manchester United, but Arsenal and Real Madrid could provide serious competition for his signature next summer.

The Argentine attacking midfielder has developed into one of Europe's most exciting young talents since leaving Real Madrid for Como in the summer of 2024.

Paz has recorded 23 goals and 22 assists in 85 appearances for the Italian side, establishing himself as a valuable attacking presence while earning recognition within Argentina's national team setup.

His impressive development has prompted suggestions that he could eventually become Argentina's leading number ten, potentially succeeding Lionel Messi in the influential role for his country.

Como sporting director Carlalberto Ludi previously praised the youngster's abilities, describing him as a world-class talent whose technical quality and dedication could help him achieve remarkable success.

Paz further demonstrated his potential on Wednesday, scoring twice and providing an assist during Como's convincing 4-1 Champions League victory over Manchester United, attracting widespread attention.

According to Italian outlet TuttoMercatoWeb, Chelsea have been following his progress closely and could consider making a substantial investment to secure his services during the 2027 summer transfer window.

The report highlights Paz's physical development, explaining that he has combined his natural technical ability with improved strength, stamina and athleticism, qualities increasingly valued by Europe's leading clubs.

However, signing the Argentine international will not come cheaply. Como reportedly paid €60 million to acquire him, while Real Madrid possess an €80 million buy-back option for summer 2027.

The agreement gives Madrid a significant advantage, allowing the Spanish giants to bring their former prospect back to the Bernabeu or receive a percentage of any future resale.

Arsenal are also reportedly interested in securing Paz, with previous reports suggesting the Premier League side could challenge Chelsea for his signature next summer.

Real Madrid remain keen on the midfielder, with president Florentino Perez reportedly admiring his development and considering whether to activate the buy-back clause.

With three major clubs monitoring his progress, Paz could become one of the most sought-after players in the 2027 transfer market, although his next destination remains uncertain.