Alexander, or Grezza to most, has been head of youth development at Preston since the summer, where he ousted two other ex-Clarets in Jamie Hoyland and David Unsworth to claim the job, after retiring as a player at the end of last season.
He'd been back at Preston for a year having seen his contract terminated at Burnley in July 2011 and he went on to play a further 21 games for the League One club to take his total career appearances to 1,024.
Last Saturday, as Fleetwood were preparing to go out of the FA Cup, a result that saw the end of Mellon despite their 7th place position in League Two in their first ever Football League season, Grezza was taking charge of Preston's youth team for the last time. Ironically they were beaten 4-3 at home by Fleetwood in the Youth Alliance Cup.
With this appointment he restores the number of former Burnley players managing in the Football League to five, joining Steve Davis (Crewe) and Brian Laws (Scunthorpe) in League One and fellow League Two managers Mark Yates (Cheltenham) and Paul Cook (Chesterfield).
Fleetwood are currently in the play off positions, ahead of Torquay on goal difference. They are just four points behind the automatic positions, the lowest of which is currently occupied by Yates's Cheltenham who lost last season's play off final to Davis's Crewe.
Alexander will work alongside Steve MaCauley, Fleetwood's first team coach, who has today accepted a full time position at Highbury and Chris Luketti who has moved with him from Deepdale. His first game in charge will be at home to Southend on Saturday, a team two places above Fleetwood with one more point.
Source: Clarets Mad