Real Madrid are finalising a deal for Xabi Alonso to become their new coach as soon as possible, multiple sources have told ESPN, with the club keen to have him in place for this summer's Club World Cup.

The identity of La Liga giants Real Madrid’s next head coach has on Monday been revealed.As confirmed by journalist and market insider Fabrizio Romano, Xabi Alonso has reached a full agreement to

Real Madrid want Xabi Alonso in place as their new manager in time for the start of next month's Club World Cup.Sources say the plan is for Alonso, 43, to travel to Madrid on 1 June to prepare the team for their first game of the inaugural Fifa tournament on 18 June against Saudi side Al-Hilal in Miami.