On 8 January 2014, Alonso signed a contract extension with Real Madrid, which would have kept him at the club until 2016.

On 29 April 2014, Real Madrid defeated Bayern Munich 4–0 in the second leg of their Champions League semi-final to qualify for the final on a 5–0 aggregate win.
Alonso received a yellow card after a sliding tackle on Bastian Schweinsteiger in the first half; as he already had two before the match, this ruled him out of the final.
He claimed his second Champions League winners medal as Real defeated Atlético Madrid 4–1 in extra time.
On 8 January 2014, Alonso signed a contract extension with Real Madrid, which would have kept him at the club until 2016.
On 29 April 2014, Real Madrid defeated Bayern Munich 4–0 in the second leg of their Champions League semi-final to qualify for the final on a 5–0 aggregate win. Alonso received a yellow card after a sliding tackle on Bastian Schweinsteiger in the first half; as he already had two before the match, this ruled him out of the final. He claimed his second Champions League winners medal as Real defeated Atlético Madrid 4–1 in extra time.
Xabi Alonso