Everton" did not buy out C. Coady's contract © ZUMAPRESS com.

Conor Coady significantly contributed to Everton's survival in the Premier League, but Liverpool made a somewhat unexpected decision about the defender's future.

Liverpool officially announced that they will not exercise the option to buy C. Coady's contract.

The 30-year-old Englishman will return to Wolverhampton club.

This season, the center-back played 24 matches, scoring one goal and providing one assist.

Everton could have bought Conor Coady for just £4.5 million.