Martin Alvito
Player Valuation: £50m
I can see that you're from the UK, but this seems like a question motivated by US sports rules so I'm going to answer as such.
In the NFL, contracts are not fully guaranteed and you can release players to get out of the contract, so you see teams do this. In the NBA, almost all contracts are guaranteed and so you do not see teams do this.
The Prem is like the NBA, not the NFL, so there's no point in releasing a player to go elsewhere when you're stuck paying 100% of the contract anyway. The point of a loan (other than blooding young players) is to get someone else to take on part or all of that wage obligation.
In the NFL, contracts are not fully guaranteed and you can release players to get out of the contract, so you see teams do this. In the NBA, almost all contracts are guaranteed and so you do not see teams do this.
The Prem is like the NBA, not the NFL, so there's no point in releasing a player to go elsewhere when you're stuck paying 100% of the contract anyway. The point of a loan (other than blooding young players) is to get someone else to take on part or all of that wage obligation.