European champions AC Milan have released Brazilian World Cup winner Rivaldo from his contract, leaving the former Barcelona player free to find a new club when the transfer market re-opens.
Milan said in a statement today that they had ended the contract, which had another 18 months to run, by "common accord".
A similar arrangement, which means the Serie A joint leaders will not be able to ask for a transfer fee for the player, was agreed in September before the 31-year-old forward had a change of heart and decided to stay with the club.
"We thank Rivaldo for the contribution he gave to the winning of the Champions League, the Italian Cup and the European Super Cup and wish him all our luck for the continuation of his extraordinary career," the club said the statement.
Since agreeing to stay on in September, Rivaldo has made just one substitute appearance in the Champions League and has not featured in Serie A, with compatriot Kaka and Portugal's Rui Costa keeping him out of the side.
Rivaldo said in September that he was weighing up a number of offers from English premier league clubs but a return to Spain, where he made his name with Deportivo Coruna before enjoying five seasons with Barcelona, could be another option for the Brazilian.