It had been rumoured for a week or so that Nicholson was wanted by Fleetwood and had entered negotiations with the newest club to League football. A deal has now been confirmed by the Fylde cost side.
Russell has also come to an agrrement over the cancellation of his contract after reports earlier in the week suggested that both parties were close. He has had a stuttered career at Preston and spent the end of last season on loan helping Charlton gain promotion.