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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.