Xabi Alonso has a clause in his Bayer Leverkusen contract which would allow him to become manager of any of his former clubs - Liverpool, Real Madrid or Bayern Munich - as early as next summer.
Years of mediocrity, falling out with sections of the fans for extended periods of time, poor transfers, lack of CL, stagnating methods and staff appointments, couldn’t win a game away from home…it was time to go sadly.
He went on to work for FIFA on football policies, but as far as coaching is concerned he’s basically retired (not officially but he’s 73 and seems to be enjoying his life so I think coming back out to coach isn’t on his agenda).