The news of Xabi’s exit is gathering momentum

Xabi Alonso training with Liverpool Football Club on the day it is reported he put in a formal transfer request to Real Madrid

After weeks of wrangling a deal has been reached…

Real Madrid have had an offer of €32 million accepted by Liverpool for Xabi Alonso and a pre-accord has been sealed that will see the player move back to Spain this week, according to a report.

A meeting between the two clubs in Barcelona at the weekend saw a thaw in the frosty stand-off, and with Los Merengues showing some goodwill, an agreement was reached, Sport state.

Liverpool were holding out for £30 million, while Madrid were keen to pay only €30million, but the rise of €2m has seen the Reds accept the offer.

The Spanish giants’ director general, Jose Angel Sanchez, met with Liverpool’s financial director, Christian Purslow, in a hotel within walking distance of Camp Nou.

Talks were friendly, but firm, Sport believe, with Madrid accepting that they would have to move their bid up if they were to persuade Liverpool to let the player go. (Goal.com)

Interesting insight from this source who I generally find to be quite accurate. Now we just need Rafa to quickly invest this in players before the Americans get hold of the cash!

In theory both Martinez and Aquilani could be purchased for this fee, which would add depth to the central midfield position and hopefully spell the end of any kind of Liverpool career for that awful Brazilian Lucas!

Or perhaps Rafa will seek to bring in a spare striker with the cash? Either way, the clock is ticking!

Get a free £10 bet on Liverpool by joining William Hill now.

Don’t forget to check out Online Football Manager!