Davis was a highly-rated defender in the Championship
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Preston's Jamaican defender Claude Davis has completed his move to Premiership newcomers Sheffield United.
The Blades paid £2.5m for Davis, 27, who has signed on a four-year deal, with up to £500,000 to follow based on his appearances for the Blades.
"This is a deal the club could not afford to turn down," Preston chairman Derek Shaw told the club's website.
"It's a very good deal for Preston and gives Claude the opportunity to go to the Premiership."
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Preston had earlier rejected two bids for Davis, who signed a new contract in January.
But Shaw explained: "Once bids for Claude reached a certain level, it triggered a clause in his contract allowing him to speak to Premiership clubs.
"This is very good business and will release funds for the new manager to strengthen the squad again."
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