Sheffield Wednesday have been dealt a blow in their quest to sign Matthew Olosunde from Rotherham United, with Preston North End swopping in instead.

The Lowdown: Owls linked with Olosunde move

The right-back made 32 appearances in the Championship for Rotherham last season, ultimately failing to keep them in the Championship.

Wednesday have been linked with a move for Olosunde as Darren Moore eyes up new signings ahead of life in League One, but the boss will have to look elsewhere for a new full-back.

The Latest: Preston set to sign target

Unfortunately, the Owls' hopes of signing the 23-year-old American have been scuppered, with Preston confirming that he has joined the club.

Olosunde's contract with Rotherham has expired, allowing the Championship club to snap him up for free and meaning Wednesday will now have to start over in the hunt for defensive reinforcements.

The Verdict: Blow for Wednesday

This is an undoubted blow for the Owls, but the harsh reality is that a free agent is more likely to join a Championship club over one in League One.

Patience may be required from Moore in the transfer market, as the manager looks to bring in exactly the players he wants to fit his system, in order to mastermind his team's return to the second tier.

Liam Palmer still has a year left on his current deal, and will hopefully remain Wednesday's first-choice right-back, which would soften the blow of missing out on Olosunde, but the Owls are clearly on the hunt for a younger player in that spot.

In other news, Sheff Wed are reportedly eyeing up a summer signing - find out who the player in question is here.