james-maddison – (C)Getty ImagesSpurs make bid for PazComo value star at €70m (£61m/$81.5m)Real Madrid lurking amid buy-back and sell-on clausesWHAT HAPPENED?Per Gianluca Di Marzio, Spurs have launched a €40m bid for Paz but it has been rejected by Como, as they seek a much higher fee.

The club are searching for a replacement for James Maddison, whose ACL injury was revealed on Thursday, and is set to rule him out for almost the entirety of the season.AdvertisementTHE BIGGER PICTURETHE BIGGER PICTUREPaz is a somewhat complicated signing for Spurs to make, given his association with Real Madrid.

The Spanish giants sold him to Como last summer for a fee of €6m.

The club have the option to match any bid that is made for Paz, or they can receive a 50% sell-on clause if he does leave.

Therefore, Spurs’ bid would only have landed Como €20m (£17m/$23m).

Real are also reported to hold a buy-back option on Paz in 2026 that allows them to buy the star for under €10m.DID YOU KNOW?Paz is 20 and has already earned three caps for Argentina.

A hugely versatile presence, he can play on both flanks, as a 10, and in a deeper midfield role; in 35 games in Serie A last season, he scored six goals and registered nine assists as Cesc Fabregas’ side finished 10th.AdvertisementWHAT NEXT?WHAT NEXT?Spurs may well return to the negotiating table as they attempt to land a replacement for Maddison.

They play Bayern Munich on Thursday in a pre-season friendly and kick off their season next Wednesday, when they play Champions League holders PSG in the Super Cup final.