We have not left the lad with 1 week to find a new club. We're paying him his wages on a contract he and City agreed between themselves. He can sit on his bum all season if he wants to and take the money.
He is able to terminate that contract (with penalties) if he so wishes, which would then allow him to sign for a club at any time he wishes - as he would be out of contract.
Although Article 16 of FIFA's regulations try to prevent this, Article 17 has been used by a number of players to do precisely what I describe above.
Players (and clubs) need to stop signing contracts for deals they don't like if things turn sour.