Waterford United have agreed to release former player-manager Alan Reynolds from the remaining six months of his contract.
Reynolds looks set to join Shelbourne to give manager Pat Fenlon an extra option in the centre of his midfield.
"'m really grateful to the directors of Waterford United for their decision to let me move on," said Reynolds.
Elsewhere, Bray centre-half Wesley Charles may be on his way to Russia as first division club Rostov have inquired about his availability.
