The 18 year-old has penned terms to 2028.
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“I think it's been a really good journey, I've learned a lot in the ten months since signing my first deal,” Oyebade told the club's website.
“I’m grateful to all the coaches who have helped me along the way.
"They’ve played a big part in getting me to where I am today, and all the extra work they’ve done with me after training has really paid off.”