Following another heavily scrutinized, silverware-less campaign under Álvaro Arbeloa, Florentino Pérez is preparing a massive summer shakeup. While marquee names dominate the headlines, MARCA reports that Real Madrid is seriously considering a brilliant, low-cost structural alternative much closer to home: a €23 million operation to bring back three elite academy graduates.
By activating strategic buyback clauses, Los Blancos have the opportunity to instantly inject high-level depth into three different positions using Nico Paz, Jacobo Ramón, and Víctor Muñoz.
The Sweetheart Deals on the Table
Florentino Pérez’s modern transfer policy of selling promising youth stars while retaining strict, escalating buyback options is about to pay massive dividends. The combined price tag for all three players sits below the cost of a single rotation player in today’s inflated market.
| Academy Target | Current Club | Position | 2026 Buyback Fee |
| Nico Paz | Como 1907 | Attacking Midfielder | €9 million |
| Víctor Muñoz | CA Osasuna | Winger | €8 million |
| Jacobo Ramón | Como 1907 | Centre-Back | €6 million |
Nico Paz: The Crown Jewel
Among the trio, Serie A Midfielder of the Year Nico Paz is the closest to making his definitive return to Valdebebas. The Argentine international has enjoyed a truly historic campaign under Cesc Fàbregas, anchoring a phenomenal Como side that shockingly secured Champions League qualification for the first time in club history.
Paz remains adored by the Madrid hierarchy. While Real Madrid’s mind is virtually made up to activate his €9 million clause, a subtle tug-of-war is developing. Reports out of Italy suggest Como is desperately fighting to keep him on loan for their upcoming European adventure, and the player himself is highly tempted to spend one more development year under Fàbregas.
The Defensive and Wide Alternatives
The structural rebuilding doesn’t stop in midfield. Jacobo Ramón has also been a revelation in Como’s backline alongside Paz. With Real Madrid desperate for central defensive reinforcements, Ramón’s €6 million clause is a massive bargain. However, the young defender recently expressed his immediate desire to stay in Italy, telling Gazzetta dello Sport, “I see myself here [at Como next season]… the joy of qualifying was at least on the same level as scoring at the Bernabéu.”
Meanwhile, Víctor Muñoz has turned into one of the definitive breakthrough stories of the La Liga season at Osasuna. The 22-year-old winger racked up 6 goals and 5 assists, earning his senior Spain debut and a goal against Serbia. Osasuna’s sporting department openly admitted they had to accept Madrid’s strict three-year buyback terms just to get him, and with Madrid needing dynamic options on the flanks, Muñoz presents a mature, league-proven solution for just €8 million.
RMxtra Verdict: The Smartest Route to Rebuilding
For a club that has struggled with locker room identity and squad depth over the past two seasons, executing this €23 million revolution is a complete no-brainer.
Relying solely on multi-million euro Galácticos has left the bench incredibly thin. Bringing back players who understand the core values of Valdebebas, especially after they have proven themselves in La Liga and top-tier Italian football, solves our depth issues instantly. Whether they are integrated immediately into Arbeloa’s squad or loaned back out to preserve their skyrocketing market value, Florentino Pérez holds all the cards.
