Official: Paletta’s contract with Milan rescinded by mutual consent

Gabriel Paletta is now a free agent, as his contract has been terminated.

Paletta was an instrumental part of Vincenzo Montella’s team last season, but after the summer arrivals of Mateo Musacchio and Leonardo Bonucci, he lost his spot and often found himself out of the squad list this season.

The center back’s contract was due to expire in the summer, but it has been decided to terminate his deal early.

“The decision to rescind the contract with Paletta was agreed by mutual consent,” director of sport Massimiliano Mirabelli wrote on his Twitter account today. “I wish to salute a great man even more than a great player. An example of fairness, professionalism and sporting behavior.

“All the best Gabriel, for everything that will come in your career.” Montella and Rino Gattuso both spoke very highly of Paletta this season, as he agreed to go play with the Primavera on numerous occasions and accepted his role in the squad without making any noise or complaining.

It’s believed that Paletta has offers from Fenerbahçe and from China. The 32-year-old arrived at Milan from Parma in the 2015 winter transfer market, and now three years later he says his goodbye.