This market will resolve to "YES" if Álvaro Arbeloa permanently ceases to be the сoach of Real Madrid before May 31, 2026, 23:59 UTC. Otherwise, this market will resolve to "NO".

Temporary absences (including but not limited to medical leave, compassionate leave, suspension, or touchline bans) will not be considered.

An announcement of Álvaro Arbeloa’s resignation/firing before this market's end date will immediately resolve this market to "YES", regardless of when the announced resignation/firing goes into effect.

This market's primary resolution source will be official information from Real Madrid and/or Álvaro Arbeloa. However, a consensus of credible reporting will also be used.