The Austria defender, now fully fit after a difficult past 18 months, comes off contract at Real Madrid in June.
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And despite his return to full fitness, there's now an acceptance that this season will be his last with Los Merengues.
Transfer expert Fabrizio Romano is reporting there are no negotiations between the player and the club, and he is free to leave next June on a free transfer.
Alaba, now 33, has made four appearances for Real so far this season.