Motherwell have agreed to sell striker Louis Moult to Preston for a fee reportedly around £500,000. The 25-year-old will officially sign a three and a half year deal with Preston on the 1st January. Manager Stephen Robinson, speaking to the official club website, said that the Fir Park side had to consider the pros and cons of selling Moult now or letting his contract run down to the end of the season.
"The player made clear he would not be extending his stay after the end of the season. So when the offer came from Preston, we had to weigh up whether the money would benefit the club against the risk and reward of keeping him and then allowing him to leave on a free.
"We accepted the offer based on that it would be best for all parties now."
Moult has missed the club's past two matches with a hamstring injury and could have played his last game for the Premiership side.
The striker added: "It is a step in the right direction, it is Championship football. I can't wait to get going for Preston.
"First and foremost, it is a massive compliment that Championship clubs were looking at me and Preston have come for me. It shows how much they wanted me by paying a fee for me and I appreciate that. It is up to me to repay that faith.
"[Motherwell] has been ridiculous for me, in terms of my family, my football, on and off the pitch, it was the right move for me and I enjoyed every moment.
"If you would have said I would score 50 goals in two-and-a-half seasons I would have laughed at you. But that was just the icing on the cake for me."
Moult moved to Fir Park from Wrexham in the summer of 2015, scoring 18 goals for Motherwell in the 2015-16 and 2016-17 seasons and has scored 14 for the club this season. He had been linked with a move to Aberdeen and Rangers in the summer.
Subject to clearance, Moult will be eligible to make his debut for Preston against Wycombe Wanderers in the FA Cup on 6 January.