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.

Real Madrid, if they were not already in it, were launched into planning mode by defeat in El Clasico on Sunday, ending their slim hopes of retaining La Liga this season. Carlo Ancelotti has already

The Reds are set to hold face-to-face talks as they push to wrap up a marquee forward signing, according to reports.