Where have you seen this? Regardless of what I think about Levy, I just do not believe this. Far more likely that the cause of Hugo not finding a new club yet is that nobody wants to match his wages and so he wants the club to make them up for the last year of his contract.If he was really worried about fan sentiment, he wouldn't have priced regular fans out of matchday tickets for an inconsequential revenue boost. He's never seemed to make decisions based on fan pressure, or he wouldn't have considered moving us to Stratford, either.
The latest 'what is he thinking?!' is the Lloris rumours. Lazio want him for free, Levy wants a fee. Hugo has given us 11 years of service, he's not in the squad, we don't want or need him. If anyone deserves a bit of goodwill it's our former captain.
Even ignoring the sentimental angle, sticking with the economics which is what gets Levy hard - had let Hugo be available for a free transfer, he'd already have left by now, and the money we would have saved in wages over the summer, would probably equal any token fee we're holding out for now. It's another baffling decision from Levy.