Former Barcelona midfielder Xavi is reportedly set to open talks with the club over a return as manager.
Alaba will be available on a free transfer at the end of June, and a number of clubs are said to be interested in signing him.
Paul Pogba has not ruled out the possibility of penning a new contract at Manchester United.
PSG have made Tottenham striker Harry Kane their number one target for the summer transfer window.
Chelsea are the only Premier League club to have offered a contract to David Alaba.
Bayern shas confirmed that the club are set to complete the signing of RB Leipzig Dayot Upamecano.
Real Madrid have agreed a four-year deal with Bayern Munich defender David Alaba.
Sergio Ramos is preparing to leave Real Madrid on a free transfer this summer