Borussia Mönchengladbach will be parting company with Raffael at the end of the season.
|Raffael.||Photo: Borussia Mönchengladbach|
After spending the last seven years at Borussia Mönchengladbach, Raffael will be leaving the club at the end of the season.
The 35-year-old is out of contract this summer and will not be offered a new deal by the club.
"We have decided not to extend Raffael's contract," Gladbach sporting director Max Eberl confirmed on Thursday.
"He has been a key player at the club and deserves a proper send-off with the fans. It was a sporting decision but the talks were open and friendly. We part ways on very good terms," he added.
Raffael has made a total of 200 appearances for Gladbach with 71 goals and 35 assists to his name.