Liverpool next manager odds as new favourite emerges to replace Arne Slot after PSV

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Daily Mirror IconSportFootballLiverpool FCArne Slot is experiencing a difficult run of form as Liverpool manager with the Reds suffering another defeat at the hands of PSV in the Champions League this weekXabi Alonso has emerged as the new favourite to take over from Arne Slot at Liverpool should the Reds decide to sack the Dutch head coach. The 47-year-old is under increased pressure to deliver results, as Liverpool struggles in both the Premier League and the Champions League continue.It's a stark contrast to last season, when the Reds were dominant on all fronts, winning the Premier League title.

However, Liverpool's results have regressed despite an incredible £446m transfer spend this summer, breaking the British transfer record twice.It's the most ever spent by a Premier League club in a single window, surpassing Chelsea's £434.5m spend in the summer of 2023. Liverpool have lost nine of their last 12 games in all competitions and were hammered by Eredivisie side PSV at Anfield in the Champions League during the week.READ MORE: Liverpool set to miss Arne Slot's 'most important' target as extent of crisis emergesREAD MORE: 5 former Liverpool stars give verdict on sacking Arne Slot as season hits new lowThe latest disappointing defeat has increased speculation regarding Slot's future at the club, with former Liverpool midfielder Alonso linked with the job.

However, Real Madrid moved quickest to secure Alonso's signature, hiring him to replace Carlo Ancelotti at the Bernabeu in the summer.After Liverpool's 3-0 defeat to Nottingham Forest at the weekend, Alonso was 16/1 to replace Slot, according to Oddschecker. So yeah, theoretically it's possible."When asked if Slot feared losing his job after the defeat to PSV, he said: "No, I am not worried.