Surely he just plays out his contract and finds a new club in the summer? What purpose is there in going on the transfer list?
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Perhaps he feels betrayed by the club he feels he has given very good service to, and is making a point that he really is unhappy staying at the club any longer, and thus is looking for a loan to then be converted into a permanent move?
I personally reckon he was told "one year, or nothing" and chose nothing.