The Italy international has left Wearside to join Bologna on loan, with the winger not living up to his billing in England.
The Italy international joined the Wearside club in the summer of 2013 but leaves two years later to join Bologna in his homeland for the 2015-16 campaign.
Although Giaccherini was clearly not part of Dick Advocaat’s plans given that he has not featured this season, the Black Cats did not get the best out of the 30-year-old.
Capped 21 times by Italy and signed from Juventus two years ago, the versatile midfielder arrived in England with a burgeoning reputation and his capture was seen as something of a coup for Sunderland at the time.
Having played a role in the Turin club winning two Serie A championships, Giaccherini featured at the Confederations Cup for his country and had consistently displayed his ability.
The Italian started less than half of Sunderland’s Premier League games in his debut campaign, but scored four goals and showed glimpses of dynamism and creativity.
Ostracised last season and only starting two league games, Giaccherini’s case is an example of a severe waste of resources by the Wearside club.
The Italian leaves a club struggling this season, with the suggestion that his presence could have been beneficial at the Stadium of Light if he was given more of an opportunity.