I believe his deal runs until January. Odd one. I believe it came about last summer when he signed a 1 year deal with optional year extension. Due to injuries etc he wasn't going to automatically trigger the extra year but in December Foran decided to offer a separate 6 Months until Jan 2018 that wasn't tied to the original deal. Currently he's probably able to talk to clubs about a pre contract.
It's one I'm undecided on. He's a favourite and part of many great memories. The goal v celtic and singing on stage with the guitar at the cup parade being right up there. Hes a wealth of experience as well. However if he's no longer able to truly offer to the first team it might be better, for both parties, to severe ties.
We'd have a substantial earner off the books, and able to use it towards new recruits and Dave the Rave would be free to continue his career elsewhere.
That's not to say I'd not be happy for him to stay, but, he has to be able to offer an input to the first team on the pitch. We don't have enough room in our budget for sentiment really. As cold as that sounds. This is why the likes of Tokely, Russell and Munro were eventually released. Because Butcher felt their best was behind them and he could get better people in to do the job on the money. You could say he was justified with the signings of Warren and Meekings.