Liverpool have agreed a deal to sell defender Paul Konchesky to npower Championship side Leicester.
The 30-year-old, signed for £4million last August by then manager Roy Hodgson, played just 18 matches for the Reds after struggling to settle after his move from Fulham.
Hodgson's departure and Kenny Dalglish's arrival in early January effectively signalled the end of the left-back's Anfield career as he was immediately loaned out to Championship side Nottingham Forest.
He returned to pre-season training with the Reds but was told he was surplus to requirements and has now been moved on, for a reported fee of £1.5million.
"Liverpool have today finalised a deal to sell Paul Konchesky to Leicester City," said a club statement.
"The 30-year-old will now join the Championship outfit for pre-season."
Konchesky's departure is likely to be the first of several as Dalglish looks to shed some of the dead wood which has accumulated at Anfield.
Forward Milan Jovanovic, who arrived on a free transfer from Standard Liege last summer, is expected to be the next out of the door after scoring just twice in 18 matches.
The Serbia international started just one game under Dalglish and did not feature in the squad for the last three months of the season.
He may possibly return to Belgium with Anderlecht, although French champions Lille are believed to be interested in the 30-year-old.
Several other fringe players also seem set for the exit with 31-year-old midfielder Christian Poulsen and Joe Cole, 30 in November - both signings from the short-lived Hodgson era - linked with moves away.
Striker David Ngog appears to be surplus to requirements now and has been interesting some Barclays Premier League rivals, while the future of back-up goalkeeper Brad Jones appears in doubt with Liverpool apparently close to bringing in Roma's Brazilian Alexander Doni as Jose Reina's deputy.
Left-back Emiliano Insua, who spent last season on loan at Galatasaray, may have earned a reprieve, however, after he flew out to Malaysia yesterday to await the arrival of the first team squad, who play their first pre-season friendly against Guangzhou in China today.
The Argentinian did not get a visa for the China leg of the mini-tour but is hopeful of being involved against a Malaysia XI at the weekend.
"I will meet the team on Thursday. I am looking forward to playing on Saturday," he wrote on Twitter.