Fulham are ready to sell midfielder Steed Malbranque after he rejected the offer of a new contract.
Malbranque has been at Fulham for nearly five years
Malbranque was offered what the club call "the most significant financial package in Fulham's history" to extend his stay beyond next summer.
However on their website, Fulham say: "Unfortunately Steed has indicated no offer would be acceptable as he wants to leave next year on a free transfer.
"This would be unacceptable to the club so we will listen to offers for him."
The statement added: "Fulham began its negotiations to renew the contract of Steed Malbranque in the summer of 2005.
"Steed potentially leaving on a free transfer is obviously a situation that has clear financial implications.
"The manager, with the support of the chairman and the board, is actively seeking a replacement for him for next season."
Malbranque joined Fulham from Lyon for £5m in the summer of 2001.
He has made over 200 appearances for the club and scored more than 40 goals.