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Xabi Alonso will remain manager of Bayer Leverkusen, the Spaniard announced on Friday, ending speculation that he would join one of his former clubs, Liverpool or Bayern Munich.

"Last week I had a meeting (with club officials) and informed them of the decision to continue being coach of Bayer Leverkusen...

I feel this is the right place to be for me as a young coach," Alonso told reporters.