Gravesen spent a miserable two years at Celtic
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Celtic have parted company with midfielder Thomas Gravesen.
Gravesen, 32, failed to establish himself in the first team after signing from Real Madrid for £2m in 2006.
The former Denmark international had a season-long loan spell at Everton last term, and was unable to impress manager Gordon Strachan on his return.
"Celtic, Thomas Gravesen and Thomas's representatives have agreed that he will part company with the club," a statement read on Celtic's website.
"Thomas wishes Celtic every success and, likewise, the club wishes Thomas all the very best for the future."
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Speaking last month, Strachan explained why Gravesen had been unable to gain a regular game in the first team.
"We tried our best to get a system which suited Thomas and it hasn't worked," said Strachan.
"It was the system to blame, not the player or the club."
Gravesen's last appearance in Celtic colours was the pre-season friendly against Manchester City.
The Dane had five years at Everton in his first spell at Goodison after joining in July 2000, before leaving for Madrid in January 2005.
Gravesen made more than 150 appearances for the Toffees during his first spell at the club.
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