Nice have terminated the contract of 18-year-old striker Lamine Diaby Fadiga after he admitted stealing a 70,000-euro ($76,500) watch from team-mate Kasper Dolberg, the club said Tuesday.

"Following the theft of Kasper Dolberg's watch from the professional first team's changing room, and the subsequent admission of the player, the club decided to cancel its contract with the 18-year-old forward with immediate effect," Nice said in a statement.

"Above and beyond all sporting and financial consideration, OGC Nice cannot and will not accept such behaviour."

Diaby Fadiga, a France Under-18 international, confessed to the theft last week and apologised to Dolberg, pledging to fully reimburse the Denmark international.

The teenager could however find a new club in the coming days, with Ligue 2 side Paris FC reportedly considering a move for him.