Matildas goalkeeper Lydia Williams is set to leave the W-League at the end of this season after announcing her intention to move to Europe before the 2020 Tokyo Olympics.

The 31-year-old parted ways with American club Reign FC on Monday and said her tenure at Melbourne City will almost certainly end after this W-League campaign, with her sights set on joining the growing Australian exodus to Europe.

Lydia Williams is set to move to Europe. Credit:AAP

The opportunity to spend a season at just one club instead of bouncing between USA and Australia each year is a major motivation for Williams, who is looking to join Matildas' teammates Sam Kerr, Caitlin Foord, Lisa De Vanna, Chloe Logarzo and Emily Gielnik in Europe.

"My agent is obviously in contact with a few options for me. I guess it’s obvious I am not going to be going back to the States so that leaves Europe as the next valid [continent] I guess," she said. "There are some moves for me there. It’s been six years that I have been in the US so quite a long time going back and forward between the W-League and there. I feel like Europe is the next place to go as a player."