The rumored circumstances are family related, not football related.
Having secured Luke Lewis in very similar circumstances, I would have seen any compensation as a bonus rather than an expectation.
Yes, I understand that Lewis was "released" and became a free agent, but still the Panthers weren't compensated.
The reality is that these days that if a player doens't want to be at any given club they are generally realeased.
The other options are to not play, be injured, or perform a sackable offence.
If he wants to leave for personal reasons, it would be a poor reflection on the club not to let him go.
You need a playing group that want to be there.