Varney signed a three-and-a-half year contract at Derby, worth up to �1.5m
Sheffield Wednesday have signed Derby County striker Luke Varney on an initial one-month loan.
The former Crewe player, 26, joined the Rams on a permanent deal from Charlton in January for a fee which was in the region of £1m.
Wednesday manager Brian Laws told BBC Radio Sheffield that he is delighted to have made the signing.
"It was an opportunity that I couldn't turn down. He is a good player and I am delighted to have him," he said.
"Moving to Sheffield Wednesday is not just a short-term measure. If things go well for him then there is no reason why we wouldn't look at him for the long-term as well.
On a month's loan you get to know the player as a person and what they are like on the pitch
Brian Laws
"If a player comes in, does really well, fits into your setup and then kicks on, these are the things that strike deals.
"On a month's loan you get to know the player as a person and what they are like on the pitch."
Varney will not be able to play against Derby County when the two sides meet at Hillsborough on 11 April.
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