For us to save cash to spend on another player then Tex either has to leave of his own accord, or be sacked.
Simply sacking somebody without a cast iron case is a foolish thing for us to do if we ever intend to ask a young man to travel around the world and play for us in the future - who would be prepared to take the risk ?
In addition, sacking somebody without very good reason is to invite all manner of breach of contract claims - it just makes no sense to take the legal/financial risk.
I rather suspect that "released" means they pay him his contract and he leaves.
If that is true, it does not save us a penny and means we are without the services of one of our better players.
Genius.