Swansea have parted company with the Spain forward Michu by mutual consent.
The move had been expected since last summer when the manager Garry Monk confirmed that the once-capped Spain international would not play for the Premier League club again. But talks over terminating the player’s contract had dragged on.
“Both parties have reached a financial agreement over the remainder of the 29-year-old’s contract, which ran until the end of this season,” said a statement on Swansea’s official club website.
“The agreement will allow Michu to become a free agent and assist him to find a new club straight away in order to kick-start his playing career again in January.”
Michu proved an instant hit following his £2m move from Rayo Vallecano in July 2012, scoring four times in his first three games and ending the season with 22 goals as Swansea won the Capital One Cup – the club’s first major trophy in 101 years.
