Rangers have reached an agreement with midfielder Juanma Ortiz that has seen the Spaniard's contract terminated by mutual consent.
The 30-year-old moved to Ibrox last summer from Almeria but returned to his old club on loan for the second half of last season.
The ex-Atletico Madrid youngster had agreed to have his contract switched to newco Rangers but has now left the club after an agreement was reached.
Rangers chief executive Charles Green confirmed Ortiz was free to find a new club and would not be treated like other players who have departed over the summer.
International clearance for the transfers of Steven Davis, Kyle Lafferty, Jamie Ness, Steven Whittaker and Steven Naismith have been put on hold as news emerged yesterday that Green bought their contracts when he took control of the club.
Naismith has moved to Everton, Whittaker has signed for Norwich and Ness has joined Stoke, believing that they are free agents, while Davis and Lafferty are at Southampton and Sion respectively as keeper Allan McGregor is in talks with Besiktas.
Green said: "The club would like to wish Juanma well for the future. The player has conducted himself in the correct manner."
lThe Spl will meet on Monday to decide whether Dunfermline or Dundee will take the place of Rangers.