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Hind Al Soulia - Riyadh - Paris Saint-Germain's record goalscorer Edinson Cavani and captain Thiago Silva will leave the club after the conclusion of the Champions League campaign.
Both veteran players' contracts are due to expire in June and the Ligue 1 side's sporting director Leonardo told Le Journal du Dimanche that they would not be handed extensions.
Cavani is the club's all-time top scorer with 200 goals in all competitions and has made more than 300 appearances.
The 33-year-old moved to PSG from Napoli for €64.5 million (Dh266.7m) in the summer of 2013.
Centre-back Thiago Silva, 35, joined the Parisians from Milan for €42m alongside Zlatan Ibrahimovic in 2012.
"It was a difficult decision to make, they are players who made their mark on the club's history," Leonardo said. "We had to make a decision based on logic.
"You always wonder if you should carry on down the same path together or if it's better to avoid a scenario where you've stayed for one year too many.
"It's been such a wonderful journey, but we're coming to the end. We had to make a logical decision, both in financial terms and also considering the next generation of players coming through.
"Maybe it's the wrong decision, I don't know. There's never a perfect moment. The Champions League is still on the agenda and the plan is to remain in the competition with them until the end of August."
PSG qualified for the quarter-finals of the Champions League after eliminating Borussia Dortmund in the last 16.
Spanish side Atletico Madrid and David Beckham's new MLS outfit Inter Miami have both shown an interest in signing the attacker.
Atletico failed with a €18m for Cavani in January, while
also held discussions over a proposed deal for the striker before their debut MLS season earlier this year.
Managing owner Jorge Mas told Sky Sports News: "We have had conversations about Cavani, but I don't want to make any comments further than that based on that he is a PSG player at the time."
After more than three months off during the Covid-19 crisis, the team will resume training on June 22, with Neymar expected to be on the ground after returning from Brazil on Saturday.
Leonardo said he expected the Brazil forward to be at the club next season. "Nothing tells us otherwise," he said, when asked if Neymar and France striker Kylian Mbappe would still be there next season.
"They still have two years on their contracts and we're more thinking about the future with them. We want to go forward."
PSG were crowned champions on April 30 when the league brought the season to an end as part of the country's efforts to contain the novel coronavirus.
Updated: June 14, 2020 02:57 PM
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