Reds wrap up Shelvey signing

Liverpool have wrapped up the signing of talented Charlton Athletic teenager Jonjo Shelvey for an initial fee of £1.7million, which could rise to as much as £3million.

The 18-year-old has agreed personal terms and passed a medical at Anfield and will join up with the Merseysiders at the end of the current campaign, having made nearly 50 first-team appearances for the Addicks.

Charlton Athletic plc chairman Richard Murray told the club's official website:"It's with the greatest reluctance that we have accepted an offer for Jonjo from Liverpool.

"No club likes to lose such a talented prospect, but the overall package is one we couldn't refuse and one which was very attractive to Jonjo.

"As a club we have never stood in the way of any of our young players moving to 'bigger' clubs and this also applies to Jonjo.

"Liverpool are going to develop him over the next few years to be a top player and I can't think of a better place for him to go."

Liverpool managing director Christian Purslow added:"Jonjo is an exciting young England international.

"His signing is part of our long-term strategic recruitment plan and we all look forward to welcoming him to Melwood (training ground)."

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