Schalke 04 have made public their decision to release Gustavo Valero from his contract.
The 30-year-old Uruguay international midfielder failed to register a single appearance for the first team this campaign and it was evident that the powers that be at the Royal Blues had lost faith in him following a series of serious knee injuries.
Varela had originally joined Schalke in the 2002/2003 season from Nacional Montevideo. It is yet unclear whether he will choose to continue his career in Europe.
Schalke ended 2008 in seventh place in the Bundesliga standings, eight points adrift of joint league leaders Hoffenheim and Bayern Munich.
Derek Wanner, Goal.com