The 42-year-old Arbeloa inherits a side trailing Barcelona by four points in LaLiga and reeling from a 3-2 defeat in Sunday's Spanish Super Cup final.
Real parted ways with Alonso a little more than seven months after appointing him, following a poor run of results in all competitions.
'We've hit rock bottom; we've been knocked out by a second division team.'
Zinedine Zidane has stepped down as Real Madrid coach with immediate effect five days after his team were pipped to the La Liga title by city rivals Atletico Madrid, the Spanish club said on Thursday.
Rafa Benitez has been sacked as coach of Real Madrid, according to reports in the Spanish press. Sunday night's 2-2 draw with Valencia has proved to be the final straw for president Florentino Perez with the club likely to confirm the news soon. France legend Zinedine Zidane - the coach of Real Madrid's second team, Castilla - is expected to take over.
Zidane is currently in charge of Real's B team Castilla, and has for some time been linked with the manager's post.
Real Madrid have won a small victory in their dispute with FIFA over the illegal signing of under-age foreigners after the Court of Arbitration for Sport (CAS) temporarily lifted its ban on appeal.
Spain coach Julen Lopetegui will take over as Real Madrid manager on a three-year contract after the World Cup, the European champions said on Tuesday.
Federico Valverde has already made over 100 appearances at senior level - while winning silverware and recognition both with his current side Madrid and country Uruguay, and showing the physical, technical and mental attributes to become one of world football's outstanding midfielders.
Paraguay starlet Sergio Diaz is thrilled to be moving to Real Madrid but has yet to find out if he will join the first team squad for pre-season training or play for the club's Castilla reserve side, he told Spanish media. Real have yet to unveil the 18-year-old officially but Marca reported that striker has joined the Spanish giants from Cerro Porteno in a six million euros ($6.64 million) transfer deal to become the first Paraguayan to play for the European champions.
Former Liverpool striker Robbie Fowler has left his job as manager of East Bengal by mutual consent, the Indian Super League (ISL) club said on Wednesday, with Real Madrid Castilla coach Manuel Diaz set to be his replacement.
Real Madrid will appeal a three-month suspension slapped on assistant B team coach Zinedine Zidane for not having the correct licence, the club said on Monday.
Joaquin, 37, became the oldest scorer in a Seville top-flight derby when he rose to head home at the near post in the 79th minute, shortly after the visitors had had midfielder Roque Mesa sent off for two bookings.
Real Madrid great Zinedine Zidane has quashed speculations that he is going to replace under-fire Rafael Benitez as the team coach, saying that he is still in a learning process when it comes to coaching a senior team.
A summary of sports events and sports persons, who made news on Friday
Karim Benzema gave the European champions the lead in the 20th minute with an irresistible piece of control and finish after a pinpoint pass from Luka Modric.
Zinedine Zidane has had a three-month ban for coaching Real Madrid's B team without the correct licence overturned on appeal, the club confirmed on Friday.
American Charley Hoffman, helped by some brilliant iron play down the stretch, clinched his first PGA Tour title in four years with a one-shot victory at the $6.1 million OHL Classic at Mayakoba in Mexico on Sunday.
Real Madrid forward Cristiano Ronaldo says he will work to be the best player of all time after being presented with his third European Golden Boot award.
David Beckham believes Real Madrid should give his former team mate at the club, Zinedine Zidane, time to succeed even if the French great fails to inspire them to victory in the Champions League final later this month.
Barcelona's 100 per cent start to the season was ended by Catalonian neighbours Girona, who picked up a draw at the Nou Camp, allowing Real Madrid to take advantage with a victory over Espanyol.