Report: Milan could seek Nico Paz-style deal with Real Madrid for Endrick
BUDAPEST, HUNGARY - AUGUST 8: Endrick of Real Madrid during the match between Ferencvarosi TC and Real Madrid at Groupama Arena on August 8, 2026 in Budapest, Hungary. (Photo by David Balogh/Getty Images)
Thursday’s reports claim that Brazil international Endrick is open to the idea of joining Milan on loan in January and the latest updates claim that the Rossoneri could look to negotiate a deal similar to the one that saw Nico Paz join Como from Real Madrid.
Report: Milan interested in Endrick, not just on a short-term loan
According to reports from La Gazzetta dello Sport, Endrick has told Milan that they would be his first choice in the event that he is allowed to leave Real Madrid on loan in January again.
The highly-rated 20-year-old, who spent the second half of the 2025-26 season on loan with Lyon in Ligue 1, has featured for just four minutes in competitive matches following his return to Madrid over the summer.
Milan had reportedly sought after Endrick during the summer transfer window, but were ultimately unable to negotiate a deal with Real Madrid. Roma were also among the list of interested Serie A clubs. They were both told that he would only be allowed to leave on a straight loan deal without any options to buy included according to reports from Calciomercato.com.
Calciomercato adds that Milan will try again in January and will look to include a series of buy-out and buy-back clauses in the hope of making the move permanent. The intention is to negotiate a deal similar to the one that saw Nico Paz join Como from Real Madrid in the summer of 2024.
The Argentina talent had joined Como for an initial fee of just €6m in the summer of 2024, but Madrid retained a 50% sell-on clause and a series of low-cost buy-back options starting at €9m.
After skyrocketing in Serie A, there had been reports that Madrid were looking to activate their buy-back clause during the most recent summer transfer window, potentially to flip Paz on for a greater profit. This led to the two clubs negotiating a new deal that has seen Como ‘buy back’ the 50% sell-on clause at a cost of €60m with a new buy-back option set much closer to the player’s market value, at €80m in the summer of 2027.
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