St Ledger attracted interest from several Championship clubs
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Preston have completed the signing of Peterborough defender Sean St Ledger, for an initial fee of £225,000, which could eventually reach £350,000.
The 21-year-old has now agreed personal terms on a three-year contract at Deepdale, and passed a medical.
"Sean is a player who I have been monitoring for about 12 months," boss Paul Simpson told Preston's website.
"He can play centre-half or right-back, he's very athletic, very quick and comfortable in possession of the ball."
St Ledger recently had a spell training with Birmingham City, and played 45 minutes of a behind-closed-doors friendly at Northampton for City on Wednesday.
Simpson added: "When we found out Bitmingham were interested in doing a deal, we decided to act quicky and get in there before we lost him.
"He's a Birmingham lad, but it speaks volumes for the attitude he's got that he felt Preston was the right place for him to be."
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