The matter had been set to go to a tribunal because of the Canada Under-21 international's age.
Edgar has made only one appearance for the Clarets so far, against Hartlepool in the Carling Cup.
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An interesting stat has emerged that Arsenal account for just 2% of the Premier League transfer spend this window and
Arsene Wenger is in Paris today with a little over 3 hours remaining before the deadline is reached for player registration.
Manchester United could look to make a deadline day deal for Queens Park Rangers forward Charlie Austin to bolster their attack, according to reports.
Cardiff City manager Russell Slade looks to have avoided all the drama of transfer deadline day but wrapping up his
Arsenal fans can be forgiven for thinking its Groundhog Day again when the draw for the group stages of the