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The Liverpool legend who left as a player could be coming back to save them as a manager

Xabi Alonso is ready to return to management this summer, and with Arne Slot’s position at Liverpool now under formal review by Fenway Sports Group, the pieces are beginning to fall into place for one of football’s most romantic potential storylines.

Sources close to Alonso have confirmed to TEAMtalk that the 44-year-old is prepared to step back into the dugout after a period away from the game following his abrupt exit from Real Madrid in January. FSG, meanwhile, have made clear internally that they will not hesitate to remove Slot if they determine a change is in the club’s best interests. No direct talks have taken place between the two parties at this stage, but there is a clear sense of mutual interest that is difficult to ignore.

Why Arne Slot Liverpool future is in serious doubt

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The numbers tell a grim story. Liverpool have suffered 15 defeats in all competitions this season, their most in a single campaign since Brendan Rodgers was in charge back in 2014-15. They have won just once in their last five matches, were humiliated 4-0 by Manchester City in the FA Cup quarter-final, and currently sit fifth in the Premier League table, well off the pace set by Arsenal. A Champions League exit against PSG would almost certainly prove to be the final straw.

Slot has not been helped by injuries and an inconsistent squad, but the growing sense at Anfield is that the dressing room has lost belief, and that FSG are losing patience. The situation has been described in some circles as “toxic,” and it is hard to argue against that assessment given the volume of capitulations this season.

Xabi Alonso as Liverpool manager: is it realistic?

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On paper, it is one of those appointments that makes total sense. Alonso spent five years at Anfield as a player, won the Champions League with the club in 2005, and has previously described himself as a Liverpool fan for life. His emotional connection to the club is as strong as it gets for any potential managerial candidate.

His coaching record also stands scrutiny. At Real Madrid, he left with a win rate exceeding 70% across his six months in charge before Florentino Perez ended his stint, a decision that raised eyebrows across European football. That record, combined with the transformation he oversaw at Bayer Leverkusen before that, marks him out as one of the most exciting managerial talents in the game.

Liverpool face competition for Xabi Alonso’s signature

It will not be straightforward, though. Manchester City are also tracking Alonso’s availability as they plan for a post-Pep Guardiola future, and Chelsea have long admired him as a potential appointment. Alonso’s camp have not denied that a return to England is on the agenda, but they have stressed that no formal discussions have taken place with any club to date.

The coming weeks will be pivotal. Liverpool’s Champions League fate against PSG is likely to determine the timeline of FSG’s decision on Slot, and with Alonso watching on from the sidelines, the stage is being set for a major managerial story to unfold this summer.

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