Hatters agree Edwards fee
Luton Town have agreed a compensation deal with Shrewsbury Town for Welsh midfielder Dave Edwards.
By Mark Buckingham
Last Updated: 01/08/07 5:51pm
Luton Town have agreed a compensation deal with Shrewsbury Town for Dave Edwards.
The midfielder signed for The Hatters earlier in the summer after rejecting an extension to his contract with Shrewsbury.
Due to Edwards being 21, Shrewsbury were entitled to compensation and a sum has been settled upon without the need for a tribunal.
The League Two club will receive an initial £250,000 in a transaction which could eventually be worth £400,000.
Shrewsbury will also be entitled to a 15 per cent sell-on fee for Edwards, who signed a three-year deal at Kenilworth Road.
Meanwhile, Luton boss Kevin Blackwell has outlined his intention to sign two more defenders before the start of the season.
With Leon Barnett having been sold to West Brom, and Markus Heikkinen and Russell Perrett also leaving the club, Blackwell is aware of the need to strengthen his back-line.
Blackwell told Luton Today: "We're still trying to address that situation.
"We're trying to get one more experienced centre-half in and one more young centre-half.
"We're also still hopeful of getting another goalkeeper.