Olympiakos are ready to terminate the contract of former Real Madrid captain Marcelo.

The left-back joined the Greek side after spending his whole career in Spain with Madrid, but a series of poor performances and an inability to get up to speed with the demands of manager Michel have complicated his stay so far.

FootMercato says the club are 'fed up' with Marcelo's failure to play even a full half of football, with all of his five appearances for the side so far having come from the bench.

The Brazilian won 25 major honours during his time at Real Madrid, including five Champions League titles.

He finally departed Los Blancos in the summer and moved to Greece, where he received a hero's welcome from supporters.

He has managed just 121 minutes across all competitions so far this season however, and has shown little ability to reach the fitness levels required.

It is believed Michel has already decided the 34-year-old will not be in his plans going forward, with the club hoping to move him on as soon as possible.

Olympiacos are currently fourth in the Greek Superleague table, 12 points behind leaders Panathinaikos.