Freckington will formally move to London Road tomorrow on a three-month loan with a view to signing permanently. Sources close to Sincil Bank claim that a transfer fee of £200,000 has been agreed.

That would bring the total outlay on the squad in terms of transfers to £2.3million. Posh chairman Darragh MacAnthony claims that figure is closer to £3 million when other contract details are included.

MacAnthony said: "The figure is more like £3 million when you consider add ons and relocation fees etc, but it has been money well spent over two seasons.

"There will be no more arrivals until the summer now as the gaffer is happy with the squad. We will speak about this in more detail nearer the end of the season as we make plans for the Championship."

Goalkeeper Joe Lewis cost a club record £400,000 when arriving from Norwich just over 12 months ago and central defender Gaby Zakuani was only slightly less expensive when making his transfer from Fulham permanent last month.

Sixteen members of the current squad cost money, although Liam Hatch, Scott Rendell, Rene Howe and Kieran Charnock are currently out on loan.

Frecklington could make his Posh debut at Brighton tomorrow if the League One fixture survives the wintry weather. Heavy rain was forecast in Brighton today, making waterlogging rather than frost the biggest problem.

Posh twice had bids to sign Frecklington turned down last season. The player was reported to have dismissed a transfer to Posh as 'a sideways move', but he denies ever making that comment.

Frecklington said: "Everyone knows that this is moving in the right direction and any player would want to be part of what they are trying to do here.

"I am ambitious and it's a good move for me. I had 11 years at Lincoln and they have been great for me, but now is the time to move.

Posh manager Darren Ferguson added: "We tried to get Lee last season, but the price was too high. It's come down now and the chairman has backed me again."

Posh will be without centre-back Craig Morgan tomorrow as he recovers from a toe injury. Manchester United loanee James Chester is expected to make his debut alongside Gaby Zakuani at the heart of the Posh defence.

POSH FEES

• £400,000 Joe Lewis


• £350,000 Gaby Zakuani


• £265,000 George Boyd


• £200,000 Lee Frecklington


• £150,000 Aaron Mclean


• £150,000 Dominic Green


• £150,000 Sergio Torres


• £150,000 Liam Hatch


• £125,000 Craig Mackail-Smith


• £125,000 Shane Blackett


• £100,000 Scott Rendell


• £100,000 Rene Howe


• £50,000 Russell Martin


• £50,000 Paul Coutts


• £50,000 Kieran Charnock


• £50,000 Ben Wright


• £35,000 Chris Whelpdale

TOTAL= £2.3 million