Nenad Milijas has reportedly agreed a swift return to Red Star Belgrade following his release from Wolves by mutual consent.
Wolverhampton Wanderers have agreed to cancel Nenad Milijas' contract by mutual consent.
Wolves manager Stale Solbakken says the Midlanders are willing to listen to offers from other clubs for Serbian midfielder Nenad Milijas.
Wolves boss Stale Solbakken plans talks with Nenad Milijas over the midfielder's future, while admitting good players will leave Molineux.
Wolves have been dealt another injury blow in midfield after David Davis was ruled out for three weeks with a rib problem.
Wolves manager Terry Connor is not expecting Karl Henry to be back in his plans for the weekend's game against Manchester United.
Mick McCarthy has launched a strong defence of the art of tackling following the sending-off of Nenad Milijas at Arsenal in midweek.
Wolves have lost their appeal against Nenad Milijas' red card in Tuesday's 1-1 draw with Arsenal at the Emirates Stadium.
Wolves have lodged an official appeal with the FA over Nenad Milijas' sending off in the Premier League draw at Arsenal on Tuesday.
Wolves manager Mick McCarthy has vowed to appeal against the red card Nenad Milijas collected in the 1-1 draw at Arsenal.
Nenad Milijas has called on his Wolves team-mates to maintain their level of performance for 90 minutes if they are to avoid a relegation dogfight.
Wolves midfielder Nenad Milijas has said sorry to the club's supporters following Sunday's derby defeat at West Brom.
Nenad Milijas concedes he will have to consider leaving Wolves in January if he is unable to force his way back into the team.
Wolves' midfield trio Adlene Guedioura, Nenad Milijas and David Edwards are ready to battle for first-team place.
Nenad Milijas claims to be happy at Wolves, with no plans to leave, but admits he is hoping to hold down a more regular role.
Wolves manager Mick McCarthy has warned Nenad Milijas he won't find it easy to recover his place in the team.
Nenad Milijas is hoping that he has done enough to hold down a regular role in Wolves' starting XI.
Mick McCarthy has warned fans not to expect too much from the players who are close to returning from injury.
Wolves ace Nenad Milijas insists they would rather have points than performances.
Mick McCarthy has defended his decision not to start Nenad Milijas against Blackpool at the weekend.
Watch every goal from every game in the Football League
© 2014 BSkyB