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Boulding who is out of contract at the end of the season has recently fallen to 4th choice in the striking pecking order behind leading scorer Michael Chopra fans favourite Daniel Nardiello and loan ace Simon Johnson.
Boulding signed in a controversial £50,000 move from Grimsby Town in January 2004 but only managed six appearances before a knee injury finished his season in March.
He came back rejuvenated at the start of 2004/2005 though and quickly sprang to the top of the leading scorer chart for the Reds before Chopra's arrival.
Altogether Michael Boulding has made 37 Reds appearances scoring 10 goals.