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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Ajax stand between Manchester United and Europa League glory on Wednesday.
Champions Chelsea have made former striker ROMELU LUKAKU their preferred attacking signing this summer, according to the Evening Standard.
Sunderland owner Ellis Short has launched the search for a ninth manager in eight-and-a-half years and a sixth in little
Arsenal's failure to make the Champions League next season is dominating the back pages and the future of ALEXIS SANCHEZ
The final day of the season is often a time for emotional farewells as players and coaches prepare for a
With the Premier League title and relegation already decided, there is only Champions League qualification to play for in the final weekend's matches.