Real Madrid's elimination from the Champions League by Bayern Munich is expected to lead to a period of significant upheaval at the club, potentially starting with the position of head coach Alvaro Arbeloa. The 43-year-old, who was appointed in January, may face dismissal despite possibly continuing in his role until the end of the season.

The Spanish side's defeat, which resulted in a 6-4 aggregate loss, means they are likely to finish the term without a major trophy, following their earlier exit from the Copa del Rey and a significant points deficit in La Liga. This would mark the second consecutive season without a major title, a situation last seen 16 years ago. Under President Florentino Perez, only one manager who failed to win a major title has been retained for the following season, Zinedine Zidane. Arbeloa's position has been precarious, with rumors of potential replacements circulating since his appointment.

The club's history of demanding excellence and the consequences of failure may lead to his dismissal. Possible candidates to replace Arbeloa include Jurgen Klopp, Zinedine Zidane, and Mauricio Pochettino, although none have been confirmed. The situation is further complicated by the need for significant changes within the club, including the potential appointment of a director of football to oversee recruitment and the consideration of a new ownership structure. The coming weeks are expected to bring more clarity on the future of Real Madrid, both on and off the pitch.