Greece midfielder Angelos Basinas has been released by Panathinaikos, the club have confirmed on their website.

The 29-year-old, a member of the Greece team that won Euro 2004, made his debut for the Panathinaikos first team in the 1995-96 season.

He has been the subject of transfer speculation and had agreed personal terms with English club Birmingham City but talks broke down when the two clubs failed to agree a fee.