Vaclav Cerny has been told he is up for sale by Wolfsburg after talks with their new manager Paul Simonis.
The former Rangers winger enjoyed an excellent loan spell at Rangers, but the Ibrox club didn't have an agreement in place for a purchase option with the Bundesliga club.
He was set to return to pre-season training in Germany and his future hinged on whether the club's new manager, Dutch boss Simonis, would see him as part of his plans.
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But reports in Germany have confirmed Cerny is now officially on the transfer list with Wolfsburg having to seriously cut their bloated squad for the new season because of ongoing financial problems with owners, German car giants Volkswagen, who have their headquarters in the Lower Saxony city.
They are planning to lay off around 35,000 of their workforce - a quarter of their entire total - to save an estimated £3.5 billion over the next five years.
Those measures have filtered their way back to the football club, who will make severe cuts and trim their playing staff too.
And Cerny has been told he will be allowed to leave, along with Tiago Tomas, who has been linked with a move to Bayer Leverkusen, with the sale of both of them expected to bring in a sizeable bonanza for Wolfsburg.
Former Celtic defender Moritz Jenz has also been told he is surplus to requirements, along with Bartol Franjic, Nicolas Cozza and Kofi Amoako.