Shropshire’s latest international footballer Dave Edwards could make a shock return to Shrewsbury Town, it was revealed today.

Edwards’s club Luton Town went into administration on Thursday, 24 hours after the midfielder made his full international debut for Wales against Germany.

A solution to Luton’s financial predicament could be for Shrewsbury to waive the remainder of the £400,000 transfer fee owed by the League One club in exchange for the midfielder’s shock return.

Luton have become the latest to be gripped by a major financial crisis, going into administration on Thursday and suffering a 10-point penalty in which takes them to the bottom of League One.The severe money difficulties will place question marks over the future of several members of the Hatters’ squad, with Edwards’ position proving particularly intriguing for all Shrewsbury followers.

Having made his full Welsh debut against Germany in midweek, Edwards is sure to have his admirers in the top two divisions.

But with Luton owing a substantial slice of his transfer fee, which could rise up to £400,000, Shrewsbury could find themselves in a strong bargaining position with the administrator – if they are prepared to waive the debt in return for the return of the ex-Pontesbury schoolboy.

There remains £150,000 to come to Shrewsbury for the 22-year-old – should Edwards fulfil appearance criteria for both club and his country Wales.

And Town manager Gary Peters did little to play down a possible move for the attacking midfielder.

“I would welcome Dave back at any stage,” he said.

“He is a good, young athletic player who fits the bill of what we are trying to do here.”

Should the Town chief pull off a sensational return for Edwards, it is likely a get-out clause would have to be agreed if the midfielder became a target for a Championship or Premiership club.

Edwards left Shrewsbury under a cloud after being omitted from the Wembley squad for the play-off final against Bristol Rovers after refusing to sign a contract extension in the build-up to the game.

But Peters sent Edwards a congratulatory text message after the player made his Welsh debut as a substitute against the Republic of Ireland last Saturday.