ARod 'isn't ready to give up' on JLo and is 'holding out hope' they will reconcile as exes spotted having dinner in LA

ALEX Rodriguez "isn't ready to give up" on his ex-fiancée Jennifer Lopez and is "holding out hope" that they will reconcile.

The A-list couple confirmed last week that they have called off their engagement after four years of dating.

After the announcement, however, the exes were reportedly spotted having dinner in LA at the Hotel Bel-Air – where they had their very first date in 2017.

Reflecting on the rumored meet-up, a source told in Touch: “[Alex] is holding out hope and that‘s why he wanted to meet up with Jennifer.

“She agreed to see him because they do have a lot of history and they also have some business dealings together.

“Alex really thinks they could make it work, but in Jen‘s mind, romantically and marriage-wise, it‘s over."

Jennifer and Alex reportedly looked "close" during the "amicable" meetup last Friday.

“There still seemed to be love and respect there," a source told Page Six.

Last week, the exes announced that they have parted ways in a statement.

It read: "We have realized we are better as friends and look forward to remaining so."

"We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another’s children.

"Out of respect for them, the only other comment we have to say is thank you to everyone who has sent kind words and support."

According to a source close to Jennifer, she put the final nail in the coffin by insisting they broke the news publicly.

A friend close to the hitmaker revealed to PEOPLE: "She insisted on it. There are too many issues that are unresolved."

Jennifer didn't fully "trust" Alex even before rumors began to swirl that he had cheated on her with Southern Charm's Madison LeCroy.

"She has been pretty miserable," said the friend, adding "and didn't think it was in her best interests to stay with Alex."

However, the sources didn't confirm or deny that the former athlete cheated because "whether or not he has cheated doesn't matter. She won't tolerate the fear of it in the air between them."

The actress has two kids with Marc Anthony, twins Max and Emme, 13 and Alex has two daughters with Cynthia Scurtis, Ella and Natasha.

News of the split comes a few days after Jennifer was spotted without her engagement ring.

Following the break-up, Alex shared a sad Instagram story where he filmed over a shrine of their relationship while tagging his now ex.

Alex set the video to Coldplay's emotional ballad Fix You, filming the photos as Chris Martin sang, "Tears stream down your face."

Despite the rumors, Madison has stood by the fact that she and the ex athlete never hooked up – although her co-stars say otherwise.

The Bravolebrity insisted: “I have a boyfriend!” when a fan mentioned Alex in her Instagram comments.

Following the split last week, Madison told Page Six: “I wish them the best.”

The famous couple got engaged in 2019 but pushed their wedding back twice because of the pandemic.

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