Xabi Alonso’s odds of becoming Rangers manager revealed after Real Madrid departure
Xabi Alonso left Real Madrid via “mutual consent” on Monday, ending his eight-month spell as manager of his former club.
It came in the wake of their 3-2 defeat to Barcelona in the Spanish Super Cup, with Florentino Perez clearly seeing enough of the former midfielder.
Nevertheless, Alonso is still thought of highly as a manager thanks to his incredible spell at Bayer Leverkusen, where he won the Bundesliga undefeated in the 2023-24 campaign.
As a result, Alonso has been linked to the Liverpool job as pressure continues to mount on Arne Slot.
However, the Spanish coach is also an outsider to take over at Rangers next, despite the amazing job Danny Rohl is doing to date.
Official Announcement: Xabi Alonso.
— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) January 12, 2026
Rangers an outsider to be Xabi Alonso’s next club
Rohl has transformed Rangers since he took the job earlier this season.
Russell Martin left Rangers in a mess, yet the former Sheffield Wednesday manager has the Gers back in the title race, six points off Hearts at the summit.
However, things can quickly change in football, and it is not impossible that Rohl will be given the boot at some point if results dip.
‘My belief is we will have on the last matchday maybe a race with three teams’
— BBC Sport Scotland (@BBCSportScot) January 15, 2026
Rangers boss Danny Rohl thinks the Scottish Premiership title race could go down to the wire 🏆#BBCFootball pic.twitter.com/BCsYDnvYrC
As a result, one bookmaker is tipping Alonso to take over at Rangers next after his departure from Real Madrid.
Currently, the odds of the World Cup winner going to Ibrox next are 66/1.
Where is Alonso most likely to go next?
According to the bookies, Liverpool is the most likely next destination for Alonso at 5/4.
With Slot under increasing pressure at Anfield, the Reds may be forced to make a decision, with the midfielder potentially returning to his former club.
Following this is the Spanish National Team at 11/2 and then another former club for Alonso in Bayern Munich at 15/2.
Man City is another potential destination at 6/1 as Pep Guardiola continues to be linked with an exit.
A potential outsider is Man United, who will be looking for a new manager in the summer after Michael Carrick was appointed until the end of the season.
The odds of Alonso moving to Old Trafford next are 10/1.