Sorry but Levy would see it as a loss and not do it , the best example of this was David Bentley . I am not saying Levy was right to think that way , but he could never accept people getting one over on him , as he saw it .
He was the master at cutting off his nose to spite his face
Hanging on to shit players didn't effect Levy.
That's why he would retain them, or loan them, rather than sell them.
Selling a player at a loss would have looked bad on the balance sheet.
He would then have needed to go out and buy another load of junk to replace the previous load of junk.
More administration costs.
He was a bean counter.
He counted beans.
THFC paid for his mistakes and he took a bonus for making them.
