Barcelona paper Sport is claiming that the midfielder's contract with Real Madrid runs until 2014, has decided against extending his deal for a further 2 years.
They claim Alonso would be willing to listen to offers from other clubs next summer. The list of clubs chasing his signature would be long with former club Liverpool being among the interested parties.
SkyBet Is also reporting that Alonso is on his way out of Real Madrid with Liverpool 9/4 favourites to re-sign him this summer, with Arsenal & PSG 16/1.
Below is a highlight package of Xabi Alonso from 2012