Reddy is thought to be a target for his hometown club Sydney FC after spending the last four campaigns with the Queensland outfit.

Roar have agreed to Reddy's request to end his contract with the club at the end of the season.

Coach Ange Postecoglou said Reddy would continue to work with the first team squad and was committed until the end of the season.

"We understand players need to be happy," Postecoglou said. "I fully expect Liam to continue to contribute to the squad in the professional manner in which he has conducted himself at the club thus far.

"When the time comes we will thank him for his time here and wish him well for the future, however right now we are focused on finishing the season strongly."

Next season was the final year of a three-year contract for Reddy.