
Xabi Alonso has been dismissed by Real Madrid after 34 matches (24W-4D-6L, 2.24 points per match). Liverpool are the 5/4 favourite to hire him next, so punters may back short prices on Liverpool while seeking value on Bayern, Spurs or a return to Spain at longer odds if they suspect a homecoming.
Xabi Alonso departs Real Madrid after 34 games
Real Madrid have ended Xabi Alonso’s short tenure after 34 matches in charge. The Spanish coach leaves with a strong record but without the full backing of the dressing room, prompting speculation over his next destination and creating ripples across the managerial betting market.

Record in charge
Matches: 34 Wins/Draws/Losses: 24/4/6 Points per match: 2.24
Room split: players reportedly divided over Alonso’s methods
Inside the squad, opinion was reportedly split on Alonso’s tactical approach. Several high-profile stars were described as unconvinced, while others were said to support his vision. Public pushback followed claims of a fractured relationship, with key players publicly rejecting suggestions of deep conflict.
Leading contenders for Alonso’s next job
Favourites and immediate possibilities
Liverpool 5/4 — clear market favourite to appoint Alonso next. Bayern Munich 11/2 — strong candidate given his past links and profile. Tottenham Hotspur 9/1 — a realistic option if current form leads to a change. Spain (national team) 10/1 — a longer-term international project. Manchester City 12/1 — succession scenario if Pep Guardiola departs. Manchester United 12/1 — another high-profile option.
Mid-range contenders
Paris Saint-Germain 14/1 Newcastle United 18/1 Bayer Leverkusen 20/1 — a potential return to familiar ground. England (national team) 20/1
Long shots
Juventus 25/1 Inter Milan 25/1 AC Milan 25/1 Napoli 25/1 Real Sociedad 25/1 Chelsea 33/1 Aston Villa 40/1 Atletico Madrid 40/1
What this means for bettors
With Liverpool installed as favourite, markets are pricing Alonso into a top Premier League move; punters confident in a swift Anfield appointment will face short odds and limited value. Those seeking value should consider Bayern, Tottenham or a Spain/return-to-LaLiga scenario at longer prices. Markets may shift quickly if a club publicly opens talks, so timing and monitoring managerial statements will be crucial for backers.
Why Alonso remains attractive
Despite the abrupt exit, Alonso’s stock is high thanks to his Leverkusen achievements and an attractive tactical profile: progressive possession play, emphasis on youth integration and strong match management. At 44, he remains one of the most sought-after young managers in Europe, able to step into elite club or national-team roles.
Conclusion
Alonso’s Real Madrid exit closes a brief but headline-grabbing chapter. The betting market currently tilts toward Liverpool, but several elite clubs and national teams represent credible alternatives. Punters should weigh short-priced favourites against potential value at bigger odds and watch for rapid market moves as clubs explore options.
Arsenal transfer news: Real Madrid move 'too late' as academy graduate lined up for £26m switch
Following his departure from Real Madrid, Alonso will be looking to get back into managerial work as soon as possible - here at the top 18 favourites.
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