Xabi Alonso seems to be suitable for Madrid and to replace Ancelotti, but it all comes down to Leverkusen and his decision because so far at the start of the Bundesliga season it has been seen that Xabi Alonso's performance as Leverkusen coach can bring Leverkusen to control the top of the Bundesliga standings and eliminate Munich as the defending champion. Even though the offer came to him, it is certain that all fans want Xabi Alonso to win the Bundesliga title this season with Leverkusen.
At least Xabi Alonso, if he really wants to be seen as the best coach, should be able to bring Leverkusen to win the Bundesliga title this season. If indeed Xabi Alonso can bring Leverkusen to win the Bundesliga title this season, of course Xabi Alonso will definitely be truly worthy of coaching in Madrid and of course that is also to add to experience coaching and playing in other leagues such as Laliga.
If Bayer's fans are so naive that they expect a Bundesliga title this year, then they needn't worry - if Alonso leaves, it won't be until next summer. Bayern are showing dubious results so far, but still their chances are higher than those of other clubs, take a look at the bookmakers’ quotes:
Bayern Munich 1.24
Bayer Leverkusen 9.50
RB Leipzig 11.00
Borussia Dortmund 12.00
No surprise to see bookies gave that small odds for munchen as this club has been winning this league for more than 1 decade. To be honest, if leverkusen has a very big chance of winning the trophy this season. The sense choice to pick bayern as the winner for this season but taking the risk to pick leverkusen was not that bad. The only possible club to recruit alonso was real madrid. I don't see another team who has been declaring their interest to recruit him.
Madrid already listed him as a potential replacement for ancellotti next season but i was not expecting ancellotti to leave from there in winter. He probably stays till end of this season.
It's pretty interesting to wait the performances from those clubs till the middle of this season.
Yes, it is not surprising that bookies give small odds to Bayern Munich. Seeing Bayer Leverkusen's promising performance with Xabi Alonso, they have the opportunity to win the Bundesliga this year. But in football, nothing is certain and every club has the opportunity to win the title.
and if it is true that Bayer Leverkusen will win the Bundesliga, then the potential for recruiting Xabi Alonso by Real Madrid is very large, because Madrid could see Xabi Alonso's success in bringing Bayer Leverkusen to the championship as the reason, and with his experience. Having been a Madrid player could be a reasonable consideration