Official: Chelsea prospect signs new deal and immediately head out on loan

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Chelsea youngster Luke McCormick has joined Shrewsbury Town on a season-loan deal after being convinced by the team’s coaching staff led by the manager Frank Lampard, Football Insider can reveal.

Football Insider revealed this morning that the EPL giants were in advanced negotiations with the 20-year-old midfield rising star over an extension to his contract before planning to loan him out.

It was subsequently announced by the Blues on their official website that the deal had been penned and McCormick was headed to League One side for the season.

A Blues source has told Football Insider that the terms of the deal were agreed after Lampard convinced Luke that Shrewsbury were the right team for him ahead of rival suitors.

Luke has come through the ranks at the west London, but has yet to make a senior team appearance for the club.

A host of Football League clubs have made enquiries about landing McCormick on loan this summer, but the talent have trumped them all in what is considered as a major coup.

The loan move will be his first loan away from the Blues and manager Lampard is convinced the ace will benefit by going away and getting valuable senior team experience under his belt.

McCormick has impressed for the club’s youth sides in the latest seasons and he was highly enough rated to be handed his first professional deal in January 2017.

He was entering the final year of that contract, but the club management have high hopes he can eventually challenge for the main team as they have tied him down to a fresh deal.