Real Madrid are considering bringing back Como midfielder Nico Paz for just €9m as part of their squad planning for the 2025/26 season, but his return could hinge on the departure of a current midfielder.
According to DefensaCentral, both incoming manager Xabi Alonso and club officials believe the midfield is already crowded, and that a return for the young Argentine would require one exit — with Luka Modric emerging as the likely candidate to make way.
At 39 years of age, doubts continue to surround Modric’s future in the first team. While nothing has been confirmed, the Croatian veteran’s involvement next season is under review, with his contract and role still to be fully decided.
Meanwhile, Xabi Alonso — who is still under contract at Bayer Leverkusen for three more matches — has already begun planning for his new chapter in Madrid. Although he has not officially signed with Los Blancos, all terms are reportedly agreed, and he has begun advising the club on squad composition and areas to improve.
Among the unresolved matters are the potential signings of a new left-back and an additional midfielder. Real Madrid are said to be assessing their transfer priorities cautiously, and decisions will depend on outgoings and market opportunities. The club remain committed to a measured approach, avoiding excessive spending and refusing to overpay for reinforcements.
To avoid strengthening the hand of selling clubs, Madrid are also opting to keep a low profile on their transfer plans. There is concern that if a need becomes public, prices may rise significantly, giving the selling side greater negotiating power.
Nevertheless, several interesting profiles are being tracked. If key pieces fall into place, Real Madrid could see a number of important additions that would provide a serious upgrade to the current squad.