This market resolves YES if Álvaro Arbeloa leaves the Real Madrid first-team manager/head coach role before the official end of the 2025–26 season due to either:

being sacked/dismissed, or

voluntarily resigning.

It resolves NO if he remains Real Madrid’s first-team manager through the end of the 2025–26 season, or leaves after the season concludes.

Clarifications & Resolution Rules:

Applies only to the Real Madrid first team (not Castilla, youth, or other club roles).

Leaving by mutual agreement, for personal/health reasons, or mid-season departure counts as YES.

Being promoted, reassigned, or moved to another role without dismissal or resignation counts as NO.

Resolution based on official Real Madrid announcements or consensus reporting by reliable sports media.