Real Madrid's hope of executing a quick-fire financial masterstroke with Nico Paz has been dashed by transfer regulations. The Spanish giants had planned to trigger a bargain buy-back clause for the Argentine playmaker before flipping him for an immediate €50 million (£43m/$57m) profit, but the move is now legally impossible this summer.

Explained: Why Real Madrid cannot re-sign in-demand Como star Nico Paz for €10m & immediately sell him for €60m in summer transfer window


