Charlton chairman Richard Murray revealed Liverpool's offer for Jonjo Shelvey was too good to refuse.
The 17-year-old, who has made 42 league appearances for the Addicks, will join the Premier League giants on May 10 after the two clubs agreed an initial £1.7million fee. Murray is disappointed to see the Shelvey leave The Valley, but believes the move will benefit the England youth international.
"It's with the greatest reluctance that we have accepted an offer for Jonjo from Liverpool," Murray told the club`s official website. "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."
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