Toronto FC announced on Friday that the club has terminated the contract for defender Geovanny Caicedo by mutual consent.

"We are certainly disappointed with this outcome," said Toronto FC Head Coach and Technical Director Aron Winter. "During the preseason Geovanny expressed difficulty adjusting to the style of Major League Soccer. This reason combined with being away from his family, we were willing to accept the contract termination. We felt it was in the best interest of Geovanny. We wish him the best in his future endeavours."