Louis Saha and Sunderland have agreed to part ways after the Weer side club decided to terminate the Frenchman's contract.
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The 34-year-old has struggled to find a regular spot in the Black Cats' starting line-up after joining from Tottenham at the beginning of the season and is expected to leave the Stadium of Light this month.
Sunderland manager Martin O'Neill told the Shields Gazette: "As of today, we have told Louis he is free to speak to other clubs and to leave if he can fix himself up somewhere.
"We have come to an agreement whereby we will cancel the remainder of his contract, shake hands and go our separate ways.
"That said, we are still a bit short in terms of numbers, and Louis may stay with us until the end of the month until such time as hopefully we have strengthened the squad a little more.
"But we agreed that he could go as early as today, if he wishes to."
It has come to light that Saha could swap the Premier League for the ABSA Premiership with an unnamed South African club reportedly chasing the former Manchester United, Fulham and Everton striker's signature.
"I have heard that there is some interest in South Africa for Louis, and it might be of some interest to him."
It is unlikely that any team outside the big three of Orlando Pirates, Kaizer Chiefs and Mamelodi Sundowns will have the spending power to rival his current salary of £40,000 a week.
The former Aston Villa manager admits Saha's time at Sunderland has been a disappointment for the player, considering he has been a regular virtually everywhere he has gone in England.
"I wasn't expecting him to be starting 20 Premier League games on the trot or anything like that," said O'Neill. "But I think he's been disappointed.
"In fairness, I think he's been disappointed when he's come on to the field. I think he feels he might have been making a bigger impact.
"He's had a chat to me, and I understand that.
"He maybe thought that he might have been involved once or twice more in games, and I've chosen not to.
"This man has had a really good career, and he didn't want to be a bit-part in things."
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