diff --git a/include/net/page_pool.h b/include/net/page_pool.h
index c8ec2f34722b..a71c0f2695b0 100644
--- a/include/net/page_pool.h
+++ b/include/net/page_pool.h
@@ -50,6 +50,9 @@
 				 PP_FLAG_DMA_SYNC_DEV |\
 				 PP_FLAG_PAGE_FRAG)
 
+/* Internal flag: PP in shutdown phase, waiting for inflight pages */
+#define PP_FLAG_SHUTDOWN	BIT(8)
+
 /*
  * Fast allocation side cache array/stack
  *
@@ -151,11 +154,6 @@ static inline u64 *page_pool_ethtool_stats_get(u64 *data, void *stats)
 struct page_pool {
 	struct page_pool_params p;
 
-	struct delayed_work release_dw;
-	void (*disconnect)(void *);
-	unsigned long defer_start;
-	unsigned long defer_warn;
-
 	u32 pages_state_hold_cnt;
 	unsigned int frag_offset;
 	struct page *frag_page;
@@ -165,6 +163,7 @@ struct page_pool {
 	/* these stats are incremented while in softirq context */
 	struct page_pool_alloc_stats alloc_stats;
 #endif
+	void (*disconnect)(void *);
 	u32 xdp_mem_id;
 
 	/*
diff --git a/net/core/page_pool.c b/net/core/page_pool.c
index e212e9d7edcb..54bdd140b7bd 100644
--- a/net/core/page_pool.c
+++ b/net/core/page_pool.c
@@ -23,9 +23,6 @@
 
 #include <trace/events/page_pool.h>
 
-#define DEFER_TIME (msecs_to_jiffies(1000))
-#define DEFER_WARN_INTERVAL (60 * HZ)
-
 #define BIAS_MAX	LONG_MAX
 
 #ifdef CONFIG_PAGE_POOL_STATS
@@ -380,6 +377,10 @@ static struct page *__page_pool_alloc_pages_slow(struct page_pool *pool,
 	struct page *page;
 	int i, nr_pages;
 
+	/* API usage BUG: PP in shutdown phase, cannot alloc new pages */
+	if (WARN_ON(pool->p.flags & PP_FLAG_SHUTDOWN))
+		return NULL;
+
 	/* Don't support bulk alloc for high-order pages */
 	if (unlikely(pp_order))
 		return __page_pool_alloc_page_order(pool, gfp);
@@ -450,10 +451,9 @@ EXPORT_SYMBOL(page_pool_alloc_pages);
  */
 #define _distance(a, b)	(s32)((a) - (b))
 
-static s32 page_pool_inflight(struct page_pool *pool)
+static s32 __page_pool_inflight(struct page_pool *pool,
+				u32 hold_cnt, u32 release_cnt)
 {
-	u32 release_cnt = atomic_read(&pool->pages_state_release_cnt);
-	u32 hold_cnt = READ_ONCE(pool->pages_state_hold_cnt);
 	s32 inflight;
 
 	inflight = _distance(hold_cnt, release_cnt);
@@ -464,6 +464,17 @@ static s32 page_pool_inflight(struct page_pool *pool)
 	return inflight;
 }
 
+static s32 page_pool_inflight(struct page_pool *pool)
+{
+	u32 hold_cnt = READ_ONCE(pool->pages_state_hold_cnt);
+	u32 release_cnt = atomic_read(&pool->pages_state_release_cnt);
+	return __page_pool_inflight(pool, hold_cnt, release_cnt);
+}
+
+static int page_pool_free_attempt(struct page_pool *pool,
+				  u32 hold_cnt, u32 release_cnt);
+static u32 pp_read_hold_cnt(struct page_pool *pool);
+
 /* Disconnects a page (from a page_pool).  API users can have a need
  * to disconnect a page (from a page_pool), to allow it to be used as
  * a regular page (that will eventually be returned to the normal
@@ -471,8 +482,10 @@ static s32 page_pool_inflight(struct page_pool *pool)
  */
 void page_pool_release_page(struct page_pool *pool, struct page *page)
 {
+	unsigned int flags = READ_ONCE(pool->p.flags);
 	dma_addr_t dma;
-	int count;
+	u32 release_cnt;
+	u32 hold_cnt;
 
 	if (!(pool->p.flags & PP_FLAG_DMA_MAP))
 		/* Always account for inflight pages, even if we didn't
@@ -490,11 +503,15 @@ void page_pool_release_page(struct page_pool *pool, struct page *page)
 skip_dma_unmap:
 	page_pool_clear_pp_info(page);
 
-	/* This may be the last page returned, releasing the pool, so
-	 * it is not safe to reference pool afterwards.
-	 */
-	count = atomic_inc_return_relaxed(&pool->pages_state_release_cnt);
-	trace_page_pool_state_release(pool, page, count);
+	if (flags & PP_FLAG_SHUTDOWN)
+		hold_cnt = pp_read_hold_cnt(pool);
+
+	release_cnt = atomic_inc_return(&pool->pages_state_release_cnt);
+	trace_page_pool_state_release(pool, page, release_cnt);
+
+	/* In shutdown phase, last page will free pool instance */
+	if (flags & PP_FLAG_SHUTDOWN)
+		page_pool_free_attempt(pool, hold_cnt, release_cnt);
 }
 EXPORT_SYMBOL(page_pool_release_page);
 
@@ -535,7 +552,7 @@ static bool page_pool_recycle_in_ring(struct page_pool *pool, struct page *page)
 static bool page_pool_recycle_in_cache(struct page *page,
 				       struct page_pool *pool)
 {
-	if (unlikely(pool->alloc.count == PP_ALLOC_CACHE_SIZE)) {
+	if (pool->alloc.count == PP_ALLOC_CACHE_SIZE) {
 		recycle_stat_inc(pool, cache_full);
 		return false;
 	}
@@ -546,6 +563,8 @@ static bool page_pool_recycle_in_cache(struct page *page,
 	return true;
 }
 
+static void page_pool_empty_ring(struct page_pool *pool);
+
 /* If the page refcnt == 1, this will try to recycle the page.
  * if PP_FLAG_DMA_SYNC_DEV is set, we'll try to sync the DMA area for
  * the configured size min(dma_sync_size, pool->max_len).
@@ -572,7 +591,8 @@ __page_pool_put_page(struct page_pool *pool, struct page *page,
 			page_pool_dma_sync_for_device(pool, page,
 						      dma_sync_size);
 
-		if (allow_direct && in_softirq() &&
+		/* During PP shutdown, no direct recycle must occur */
+		if (likely(allow_direct && in_softirq()) &&
 		    page_pool_recycle_in_cache(page, pool))
 			return NULL;
 
@@ -609,6 +629,8 @@ void page_pool_put_defragged_page(struct page_pool *pool, struct page *page,
 		recycle_stat_inc(pool, ring_full);
 		page_pool_return_page(pool, page);
 	}
+	if (page && pool->p.flags & PP_FLAG_SHUTDOWN)
+		page_pool_empty_ring(pool);
 }
 EXPORT_SYMBOL(page_pool_put_defragged_page);
 
@@ -646,6 +668,9 @@ void page_pool_put_page_bulk(struct page_pool *pool, void **data,
 	recycle_stat_add(pool, ring, i);
 	page_pool_ring_unlock(pool);
 
+	if (pool->p.flags & PP_FLAG_SHUTDOWN)
+		page_pool_empty_ring(pool);
+
 	/* Hopefully all pages was return into ptr_ring */
 	if (likely(i == bulk_len))
 		return;
@@ -737,12 +762,18 @@ struct page *page_pool_alloc_frag(struct page_pool *pool,
 }
 EXPORT_SYMBOL(page_pool_alloc_frag);
 
+noinline
 static void page_pool_empty_ring(struct page_pool *pool)
 {
-	struct page *page;
+	struct page *page, *next;
+
+	next = ptr_ring_consume_bh(&pool->ring);
 
 	/* Empty recycle ring */
-	while ((page = ptr_ring_consume_bh(&pool->ring))) {
+	while (next) {
+		page = next;
+		next = ptr_ring_consume_bh(&pool->ring);
+
 		/* Verify the refcnt invariant of cached pages */
 		if (!(page_ref_count(page) == 1))
 			pr_crit("%s() page_pool refcnt %d violation\n",
@@ -796,39 +827,36 @@ static void page_pool_scrub(struct page_pool *pool)
 	page_pool_empty_ring(pool);
 }
 
-static int page_pool_release(struct page_pool *pool)
+/* Avoid inlining code to avoid speculative fetching cacheline */
+noinline
+static u32 pp_read_hold_cnt(struct page_pool *pool)
+{
+	return READ_ONCE(pool->pages_state_hold_cnt);
+}
+
+noinline
+static int page_pool_free_attempt(struct page_pool *pool,
+				  u32 hold_cnt, u32 release_cnt)
 {
 	int inflight;
 
-	page_pool_scrub(pool);
-	inflight = page_pool_inflight(pool);
+	inflight = __page_pool_inflight(pool, hold_cnt, release_cnt);
 	if (!inflight)
 		page_pool_free(pool);
 
 	return inflight;
 }
 
-static void page_pool_release_retry(struct work_struct *wq)
+static int page_pool_release(struct page_pool *pool)
 {
-	struct delayed_work *dwq = to_delayed_work(wq);
-	struct page_pool *pool = container_of(dwq, typeof(*pool), release_dw);
 	int inflight;
 
-	inflight = page_pool_release(pool);
+	page_pool_scrub(pool);
+	inflight = page_pool_inflight(pool);
 	if (!inflight)
-		return;
-
-	/* Periodic warning */
-	if (time_after_eq(jiffies, pool->defer_warn)) {
-		int sec = (s32)((u32)jiffies - (u32)pool->defer_start) / HZ;
-
-		pr_warn("%s() stalled pool shutdown %d inflight %d sec\n",
-			__func__, inflight, sec);
-		pool->defer_warn = jiffies + DEFER_WARN_INTERVAL;
-	}
+		page_pool_free(pool);
 
-	/* Still not ready to be disconnected, retry later */
-	schedule_delayed_work(&pool->release_dw, DEFER_TIME);
+	return inflight;
 }
 
 void page_pool_use_xdp_mem(struct page_pool *pool, void (*disconnect)(void *),
@@ -856,6 +884,10 @@ EXPORT_SYMBOL(page_pool_unlink_napi);
 
 void page_pool_destroy(struct page_pool *pool)
 {
+	unsigned int flags;
+	u32 release_cnt;
+	u32 hold_cnt;
+
 	if (!pool)
 		return;
 
@@ -868,11 +900,39 @@ void page_pool_destroy(struct page_pool *pool)
 	if (!page_pool_release(pool))
 		return;
 
-	pool->defer_start = jiffies;
-	pool->defer_warn  = jiffies + DEFER_WARN_INTERVAL;
+	/* PP have pages inflight, thus cannot immediately release memory.
+	 * Enter into shutdown phase, depending on remaining in-flight PP
+	 * pages to trigger shutdown process (on concurrent CPUs) and last
+	 * page will free pool instance.
+	 *
+	 * There exist two race conditions here, we need to take into
+	 * account in the following code.
+	 *
+	 * 1. Before setting PP_FLAG_SHUTDOWN another CPU released the last
+	 *    pages into the ptr_ring.  Thus, it missed triggering shutdown
+	 *    process, which can then be stalled forever.
+	 *
+	 * 2. After setting PP_FLAG_SHUTDOWN another CPU released the last
+	 *    page, which triggered shutdown process and freed pool
+	 *    instance. Thus, its not safe to dereference *pool afterwards.
+	 *
+	 * Handling races by holding a fake in-flight count, via
+	 * artificially bumping pages_state_hold_cnt, which assures pool
+	 * isn't freed under us.  For race(1) its safe to recheck ptr_ring
+	 * (it will not free pool). Race(2) cannot happen, and we can
+	 * release fake in-flight count as last step.
+	 */
+	hold_cnt = READ_ONCE(pool->pages_state_hold_cnt) + 1;
+	smp_store_release(&pool->pages_state_hold_cnt, hold_cnt);
+	barrier();
+	flags = READ_ONCE(pool->p.flags) | PP_FLAG_SHUTDOWN;
+	smp_store_release(&pool->p.flags, flags);
+
+	/* Concurrent CPUs could have returned last pages into ptr_ring */
+	page_pool_empty_ring(pool);
 
-	INIT_DELAYED_WORK(&pool->release_dw, page_pool_release_retry);
-	schedule_delayed_work(&pool->release_dw, DEFER_TIME);
+	release_cnt = atomic_inc_return(&pool->pages_state_release_cnt);
+	page_pool_free_attempt(pool, hold_cnt, release_cnt);
 }
 EXPORT_SYMBOL(page_pool_destroy);
 
