Michael Owen has revealed he will be leaving Manchester United after the club decided not to offer him a new contract.
The 32-year-old's deal expires this summer and he will be available on a free transfer after three years at Old Trafford.
Owen has not featured for United since November due to a thigh injury with the former Liverpool and Newcastle man only making four appearances all season.
The striker scored three times in those four appearances, with the goals coming in the Carling Cup victories over Leeds and Aldershot.
Owen joined Manchester United on a free transfer from Newcastle in the summer of 2009 and went on to score 17 goals in 52 appearances for the club.
Owen revealed he was informed of the decision after this week's testomonial match for former United hero Harry Gregg and he admits he loved his spell at Old Trafford.
The former England international wrote on Twitter said: "The manager informed me after our testimonial match on Tuesday that the club would not be offering me a new contract.
"I have loved every minute of the three years I have spent at such a fantastic club.
"I now plan to have a short holiday during which I will contemplate my next move."
United confirmed the news on their website in a statement which added: "Manchester United thanks Michael for his contribution and wishes him well for the future."
Sir Alex Ferguson has paid tribute to Owen for his efforts at United, with whom the player won the Premier League last year.
Ferguson told the club's official website: "It is a pleasure to have had Michael at Manchester United.
"Michael is a consummate professional and was an influential figure in our dressing room.
"Unfortunately he had no luck with his injury this season.
"Michael's record of goals per game is exceptional and we wish him all the best for the future."