Reports that Aloisi was quitting football completely due to injury were vehemently denied by the player. Nevertheless, the player, say insiders, was “understandably emotional to leave the club. He has such a passion for Adelaide and Adelaide United… but he wishes the club the very best in the ACL and A-League.”

According to a statement released by the club, both parties came to a mutual agreement to terminate Aloisi's contract. "Football has given so much to me and I'm just very thankful for the special opportunities I've received along the way, including playing in Europe, but none more special than to finish my (A-League) playing career with Adelaide United and as its captain over the last two years," said Aloisi in the statement.

Adelaide chief executive Michael Petrillo paid tribute to Aloisi, who will be given a testimonial dinner by the South Australian side. "Ross has had a fantastic playing career with the club and we admire his decision to make way for younger players in the playing group," Petrillo said.

"He has put the club first and as the inaugural captain of the club in the Hyundai A-League, Ross will always hold a special place within Adelaide United and in the hearts and minds of all supporters."

Speaking exclusively with, the tough midfielder says, “I definitely want to play another season, so no I’m not quitting football. Playing in Victoria would be great,” he added. “But there are many teams I’d like to play for. The Mariners for instance are a terrific club with a great coach in Lawrie [McKinna]."

It's also been reported that Wellington Phoenix are interested in Aloisi, the brother of World Cup 2006 Socceroo hero John Aloisi.

Following the 6-0 A-League grand final loss to Victory in February, Aloisi was stripped of his captaincy and coach John Kosmina resigned.

Adelaide-born Aloisi made five appearances for Australia, the last being in 1999 against Manchester United. He also played alongside Muscat in the 1996 Olyroo Olympics side in Altanta, USA.

At club level, the midfield fulcrum played 10 seasons overseas in Switzerland, France, Italy, Austria and Malaysia before returning to Australia in 2003.

Aloisi has reportedly been suffering from a virus which has kept him out of the Reds' first two Asian Champions League matches.