McManaman can't see Arbeloa surviving last night's Champions League exit at the hands of Bayern Munich.
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He said, "History from previous seasons has always suggested a change of manager and unfortunately I feel sorry for Alvaro Arbeloa tonight because his game plan was excellent."
Liverpool legend Steven Gerrard also said on TNT: "I feel sorry for Arbeloa and I feel sorry for many of the Real Madrid players because they were much better than last week and were excellent all over the pitch.
"They defended better as a team, they attacked better.
"We have to feel sorry for Arbeloa and he will probably lose his job, but I don't think he deserves it judging by what we saw against Bayern."