St Johnstone expect to bank a five-figure fee from Dan Phillips’ move to Stevenage.
The League One have confirmed the arrival of the Trinidad and Tobago international on a two-year deal.
Because of his age, Saints will be due training compensation.
The exact amount is determined by Fifa but Courier Sport understands it is likely to be between £20,000 and £30,000.
Phillips, who was offered an extension by Saints, is hoping his game-time over two seasons at McDiarmid Park will ensure he hits the ground running at his new club.
“From playing consistently I learned a lot about the game and the importance of winning,” he told the club website.
“I’m delighted to be here and I can’t wait to get to work.”
Stevenage boss, Alex Revell, added: “Dan brings new qualities to central midfield.
“We have tracked him ever since he left Watford two years ago – it’s taken a while, but we are delighted to get him over the line.”
Meanwhile, last season’s loan forward, DJ Jaiyesimi, has signed for Leyton Orient, also on a two-year contract.
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