Real Madrid and Xabi Alonso will meet next week to negotiate a renewal to the midfielder's current contract, which runs out in June.
Speaking on Spanish radio station Cadena SER, the journalist Manu Carreño explained that the Liga BBVA outfit will offer Alonso a two-year extension with an option for a further year, plus a salary of six million euros net per year. The 32-year-old currently earns four million.
According to Carreño, there is optimism within the Madrid hierarchy over the Spain international's contract situation, with the player appearing to have decided that he wants to stay at the Bernabeu. Alonso has been free to speak to other clubs since 1 January, but this is not being used as a bargaining tool against Madrid. Money is not the issue; if the Basque midfielder were to leave the club, it would be for personal reasons.
Real Madrid's coach, Carlo Ancelotti, is at pains to keep hold of Alonso, even admitting: "The best possible Christmas present would be Xabi Alonso's contract renewal." After Thursday's friendly win over Paris Saint-Germain in Qatar, the Italian expressed his optimism over his future: “I think that we will find a solution and reach an agreement between club and player.”
Xabi has been moved by his coach's praise and by the continual shows of support from the Real fans. The club's supporters have called for him to sign a new deal, and gave him an ovation on his introduction as a substitute in the Copa del Rey last-32 second leg against Olímpic de Xàtiva. Further news is expected in the coming days.