Duncan Ferguson's Everton career has finally come to an end after manager David Moyes decided not to offer the striker a new contract.
The Scot spent nearly 10 years at Goodison Park in two spells but, at 34, his role this season was mainly limited to substitute appearances.
However, he signed off in front of his adoring home fans with a 90th-minute equaliser in the 2-2 against West Brom - his first goal of the campaign.
China international Li Tie, signed from Liaoning BaoDao in August 2002, has also been released while Matteo Ferrari, on loan from Roma since last summer, will return to Italy.
"Duncan Ferguson and Li Tie have both been released and we have decided not to take up the transfer option on Matteo Ferrari following his loan," Moyes told the club's website.
Moyes has moved to secure the future of experienced defenders Alan Stubbs and David Weir with veteran goalkeeper Nigel Martyn is also set to be offered a new deal if he proves his fitness after an ankle injury.
"We have offered new contracts to Alan Stubbs and David Weir and we will be offering one to Nigel Martyn subject to a specialist's report," Moyes added.
