Tranmere Rovers have cancelled the contract of veteran Irish midfielder Alan Mahon by mutual consent.
"I'm sorry to see Alan leave Tranmere," said manager Les Parry. "This has been the hardest decision I've had to make since taking over as manager.
"After a long and amicable discussion we both agreed that it would be in both our interest that we parted company."
"I'm sad to leave the club," said Mahon. "It's been such a big part of my life.
"But it's the best thing for me and Tranmere that we part ways at this time as it will allow the manager to bring in new talent.
"Tranmere will always have a special place in my heart as it's the club I began my career at and where I made so many friends.
"I wish everyone at the club the best of luck in the future and I'm sure I'll be back to visit and watch the team."
Twice-capped Republic of Ireland international Mahon scored 13 goals in 120 appearances in his first spell with Tranmere from 1994.
He left to join Sporting Lisbon before returning to England with Blackburn Rovers.
But, loan spells at Cardiff City and Ipswich Town apart, he has since remained in the North West, spending three seasons at Wigan before four years at Burnley.
He also played one game on loan at Blackpool before returning to Prenton Park in the summer of 2009.
"I picked Alan up from the airport when he first came over from Ireland as a fresh faced 15-year-old and we have developed a great friendship," added Parry. "I wish him well in whatever he decides to do."