Veteran Argentine midfielder Esteban Cambiasso has decided against continuing with Leicester City for a second season.
The 34-year-old signed a one-year deal with the Foxes for 2014/15, and played his part in helping Nigel Pearson’s side avoid relegation from the Premier League.
New Leicester boss Claudio Ranieri was keen for him to stay for another year, having worked with him at Inter Milan, but the former Argentina international will not remain at King Power Stadium.
“I would like to announce that I have decided not to renew my contract with Leicester City,” he said on Facebook.
“I have taken this decision only 24 hours after receiving the proposal from Leicester because I want to give the club as much time as possible to find an alternative.”
Cambiasso’s trophy haul includes five Serie A titles, four Coppa Italias, one La Liga title and the Champions League, as well as 52 caps for Argentina. But he called last season “one of the most important years of my career, crowned with the remaining EPL status”.