The former Liverpool star is waiting for the right moment before he will make a decision about his future at Real Madrid
The holding midfielder's current contract with Madrid is due to expire in the summer of 2014 and has so far shown no intention to ink a new deal, leading to speculation that he could be on his way out.
Nevertheless, his father has stressed Xabi Alonso will wait for the right moment before deciding on his future.
"What he wants to do is to wait a bit to see what happens and how things go, and then, when the time is right, he'll make the appropriate decision," Periko told Marca.
"It's as simple as that - there's nothing else to it."
The 31-year-old started his professional career with Real Sociedad, but a return to the Basque side does not seem to be an option for now.
He added: "Going home is always difficult, and anyway, Sociedad are pretty well stocked right now."
Xabi Alonso has made over 120 Liga appearances for Madrid since joining the club in 2009.