Wolves have cancelled Nenad Milijas' contract by mutual consent.
The 30-year-old midfielder, who had a year remaining on his deal, arrived at Molineux in the summer of 2009, making 72 appearances for the club and scoring 9 goals.
The club says the Serbian international is now a "free agent" and able to pursue other opportunities.
– Jex Moxey, Wolves CEO
He has been a very popular member of the squad, a real clubman who has been great to deal with, and we wish him every success in the future."