Mönchengladbach - Borussia Mönchengladbach midfielder has decided not to extend his current contract, which expires at the end of the season.

The 33-year-old, who joined Mönchengladbach from Spanish side RCD Mallorca in 2009, has established himself as a fan favourite among the Borussia Park faithful during a five-year stay that included its fair share of highs and lows.

Eberl: ‘An exceptionally gifted player’

Arango played an integral role in helping Gladbach survive relegation via the play-offs in 2011 before firing the Foals to a fourth-place finish in 2012 and qualification for the UEFA Champions League play-offs. In total, the 121-time Venezuela international made 155 top-flight appearances for the Rhineland side, scoring 25 goals and assisting another 43, while his trademark left-footed efforts earned him a reputation as one of the Bundesliga’s most feared finishers from long range.

“We held long negotiations with Juan about extending his contract here and we made him an offer, but sadly our visions for the future did not match,” commented Gladbach sporting director Max Eberl. “He is an exceptionally gifted footballer and we’re delighted to have had him with us for so long. It’s a great shame for us that we’re now parting ways.”

Gladbach have also announced that defender will likewise depart the club, with the former Karlsruher SC man hoping to secure more regular first-team football elsewhere. The club have communicated to both players that they will be recognised for their contributions next season.

Check out this trademark Arango belter, courtesy of the Bundesliga's official YouTube channel.