Real Madrid midfielder Xabi Alonso could be set for a Premier League return after his manager Carlo Ancelotti confirmed he will make up his mind regarding his future “very soon”, with his contract up at the end of the current season.

The 32-year-old has been linked with a move to Chelsea to follow his former boss Jose Mourinho as well as a return to Liverpool – the club he left in 2009 following a successful five-year spell with the club.

Alonso missed the starts of the current season due to injury, with the La Liga club struggling without his authority and control in the middle of the park, but he has returned to sure up the side as they look to catch leaders Barcelona.

Ahead of Saturday’s King’s Cup last 32 encounter with Olimpic de Xativa, Ancelotti said: “We are waiting for Xabi's decision.

“He is very relaxed, we are talking, I have talked to him, the club is talking to him and I think he will decide very soon what he has to do," added the Italian.