Bradford City goalkeeper Paul Henderson is to leave Valley Parade in the summer after rejecting a new contract offer.

Henderson, 28, had been offered a three-year deal after an impressive first season with the Bantams.

"The offer was the maximum we could offer and we will not commit ourselves to contracts we can't afford," chairman Julian Rhodes told the Yorkshire Post.

"Bradford City have done that in the past and we won't be making the same mistake again."