Liverpool and Watford have today reached an agreement over the transfer of striker Jerome Sinclair.
The 19-year-old moves to London following the expiry of his Liverpool contract, however, negotiations were more complicated than expected, due to Sinclair's age.
As he is under the age of 24, his registration with Watford would have been subject to compensation in the form of a development fee, paid to Liverpool.
BECOME A WRITER
Do you have what it takes? Sign up today and send over your 250-word test article: http://gms.to/haveyoursay3
According to the Mirror, the fee agreed between the two clubs is around £4 million.
The Red's also posted an official statement on their website: "Following amicable and professional discussions between Watford and Liverpool, the clubs have reached an agreement regarding a transfer.
"Liverpool would like to wish Jerome all the best in his new career with Watford."
Sinclair will officially sign his new contract on Friday, and the five-year deal will keep him at Vicarage Road until 2021. He becomes Watford's first signing of the summer, but it's likely he will be followed by a few more players.
Despite being with the club since 2011, it seems the news of Sinclair's exit hasn't really bothered the majority of Liverpool fans, who have taken to Twitter to respond to the news of his departure.
The Englishman has had an exciting career so far, becoming Liverpool's youngest ever player in 2012 when he made his debut aged just 16 and six days.
He scored his first senior goal in the FA Cup earlier this year, netting in a 2-2 draw with League Two side Exeter City. He has also represented England at Under-16 and Under-17 levels.
A move to the Hornets will ensure Sinclair gets more playing time than he did at Anfield, which will certainly help his development.
If he becomes a first-team regular with the Premier League side, he could even be one of the next young players to break in and shake up the England senior team over the coming years, and after their display at Euro 2016, more players with a drive similar to Sinclair's will be welcomed by the new national team boss, whoever that may be.
Have Liverpool made a mistake letting Jerome Sinclair leave? Let us know YOUR thoughts in the comment section below!