Sky Sports understands Scott Donnelly has cancelled his contract at Swansea by mutual consent.
The 24-year-old joined the Welsh outfit in 2010 but has made just one appearance for the club during that time, coming on as an 81st minute substitute against Crystal Palace in 2010.
Donnelly spent the second half of the 2010-11 campaign and all of last season on loan at Wycombe Wanderers.
However, despite some impressive displays the midfielder was unable to prevent their relegation to League Two.
Donnelly is now seeking a new challenge away from the Liberty stadium and is believed to be on the radar of a number of clubs.