Former Brazil international forward Leandro Damiao is leaving Cruzeiro. Pedro Vilela/Getty Images

Cruzeiro have not renewed the contracts of former Brazil international forwards Leandro Damiao and Julio Baptista, the club announced on Wednesday.

Damiao, 26, was a reported target of Tottenham in 2011-12 after featuring for the Selecao in its 2012 Olympics campaign. Julio Baptista, 34, made 48 appearances for the national team and spent time at Real Madrid, Arsenal, Sevilla and Sao Paulo among others.

In addition, the club announced the departure of midfielder Charles and right-back Ceara.

Cruzeiro comunica a saída de 4 jogadores do atual elenco. Obrigado por honrarem nosso manto. https://t.co/8kdmmIrFOI pic.twitter.com/Q4JKJ3Q8n0 - Cruzeiro E. Clube (@Cruzeiro) December 1, 2015

Damiao has disappointed since moving from Internacional to Santos following Neymar's departure from the Sao Paulo club in 2013. He was loaned to Cruzeiro in January of 2015 after failing to impress at the Vila Belmiro, and scored just four goals in 23 Serie A games for the Belo Horizonte giants this season.

The decision to part ways with the players comes with one game still remaining in the Brazilian championship.

"The board notified, on Wednesday afternoon, that it will not renew the contract of four athletes for next season," The club's statement read.