Dutch Eredivisie side FC Utrecht will release Ghana defender Nana Akwesi Asare next month to ease their financial problems.
Asare, whose contract expires in June 2013, is among the high salary earners which the club can no longer afford.
FC Utrecht have an estimated deficit of 5 million Euros and have now set a salary ceiling for their players' earning at 250,000 Euros a year.
When the transfer window re-opens in January, the former KV Mechelen player will have to look for a new club.
Asare has been targeted by Dutch giants Ajax Amsterdam as a replacement for Belgian Jan Vertoghen who left for Tottenham Hotspur this summer.
The 26-year-old Utrecht captain has made 15 appearances for the first half of the season and scored two goals.
He is in contention for a place in Ghana's squad for the 2013 Africa Cup of Nations.