Henry, 30, who skippered Town to the Skrill Premier title this term, had been stalling over the deal as revealed in last week’s News/Gazette.
But he has now made a decision not to renew, ending his Town career, which saw him make 87 appearances.
Boss John Still said: “We made him an offer, he’s not accepted, so we’ll move on.
“That’s the offer, we thought it was the right offer, but obviously he doesn’t.”
Most Popular
-
1
Clubs all set for big kick-off as Bedford Town, Ampthill Town and Real Bedford begin campaigns
-
2
Setchell feels Bedford Town deserved their opening point at Stratford
-
3
TK Maxx launches free gift card giveaway to celebrate summer of Great British Sport
-
4
Latest Bedford & District Netball League results
-
5
Beds League leaders fall to defeat
It appears the value of the offer was the sticking point for Henry though, as Still continued: “From our point of view, we made the right offer and left it with him. He’s decided perhaps it’s not the offer he wanted, but it’s the offer I felt and the club felt is the right offer.
“You put a value to something, and that value was what the offer was, we’re not prepared to change it.”
For the full story, see the Luton News/Dunstable Gazette on sale now, while for all the latest Luton Town FC news, reports, stats, player profiles, live match updates, MOM poll, prediction table and a complete fixture list, visit our Hatters Microsite.