Michael Jacobs has completed his long-rumoured move to Championship side Derby County from Northampton Town after both clubs agreed a fee for the midfielder.
The highly sought after 20-year-old had been a free agent after rejecting the offer of a new contract at the Cobblers, and was linked with a host of clubs.
However, Town chairman David Cardoza confirmed that Derby were the only club to submit an offer and once a fee was agreed –due to Jacobs being under 24 - it was a case of agreeing terms.
"Once Michael had spoken to Derby, agreed terms, passed his medical and signed a contract, they became his destination,” explained Cardoza.
“It was then a case of either going to a tribunal or agreeing a deal with Derby, and eventually we reached a deal that we felt was in the best interests of the club.
"We all wish Michael and Derby well and now this matter has been resolved we have a clearer picture for our own summer recruitment."
Jacobs leaves Northampton having been with the club since a young age, progressing through the youth system to become an established first team player.
He went on to make 100 appearances in all competitions since making his debut in 2009, scoring 15 goals.
Although the actual fee was undisclosed it is believed to be a six-figure sum, and manager Aidy Boothroyd is now focusing on adding to his squad ahead of the return to pre-season training next week.
"This news won't come as a surprise to anybody after Michael turned his contract down," said Boothroyd. "We respect his wish to make the move and we wish him well in his future career.
“Now we move on and this gives us the opportunity to strengthen the squad further ahead of next season."
