Former Manchester United and Newcastle United winger Keith Gillespie is leaving Glentoran.
The 35-year-old exits the Oval despite indicating that he was prepared to take a pay cut at the cash-strapped club.
"Following discussions with Keith Gillespie the club have been unable to agree terms and the player is now a free agent," said Glentoran.
Gillespie, who won 86 international caps, joined the Glens last year.
"The club thanks Keith for his professionalism and the example he set to younger players and wish him every success in whatever he chooses to do going forward," added Glentoran in a statement.