As reported by Phakaaathi earlier, Phungwayo was facing an uncertain future at the club having played second fiddle to Thabo Matlaba last season.
Now, the club has confirmed his release.
READ: Phungwayo facing uncertain future at Pirates
“An agreement has been reached for the mutual termination of the contract following a meeting between both parties yesterday,” read a statement on the club’s website.
“The club would like to thank Mr Phungwayo for his service and wish him the best of luck in his future endeavours.”
READ: Pirates star defender on his way out?
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