The Cobblers have confirmed midfielder Fraser Hornby, younger brother of first-team professional Lewis, has completed his move to Everton.
The younger Hornby had been on trial over the summer with several clubs in the Premier League and Sky Bet Championship but has settled on a switch to the Toffees, who will compensate Northampton under the terms of the Elite Player Performance Plan (EPPP).
Hornby, who studied at Northampton School for Boys, had been scouted on several occasions during the past season and will now relocate to Merseyside.
“We have mixed feelings as Fraser makes this move,” said academy manager Trevor Gould.
“We always want to keep our best players but under the EPPP if a player is wanted by a Premier League club then it is just about impossible for us to resist given the processes set out as part of the EPPP.
“Fraser is going to a fantastic club with a proud record of producing young players who will continue his development.
“It is also a big pat on the back for the work we are doing here. Not only are we producing players for our own first team, we are producing players who are attracting the interest of Premier League clubs and that is a massive endorsement of our work.
“Seeing any local player have the opportunity to develop at a Premier League club is exciting and we wish Fraser every success.
“This also sends out a message to any local footballer, the Northampton Town Academy is the ideal place to be to develop to help you either play in our first team or to be spotted by a Premier League club.”