Boca Juniors have decided not to sign Dani Osvaldo on a permanent deal, according to The Mirror.
It has been reported by the British newspaper that the Italy international striker will return to his parent club Southampton this summer.
The 29-year-old joined Argentine giants Boca on loan from Southampton in February until the end of June.
According to The Mirror, Southampton do not have any plan to include him in their squad for the 2014-15 season.
It has also been reported that representatives of Osvaldo are “keen to find him a move to Turkey or the MLS”.
Osvaldo joined Southampton from Italian giants AS Roma in the summer of 2013 and, according to BBC Sport, cost a club-record transfer fee of £15 million.
However, the former Fiorentina man failed to settle into life in England, and played on loan for Juventus and Inter Milan before moving to Boca.
Osvaldo’s current contract with Southampton runs until June 2017, according to Transfermarkt.co.uk.