In fact Posh have had plenty of success in the free transfer market as these successful signings confirm.
5. IAN BENNETT
One of managerial great Chris Turner’s first signings for Posh in March 1991 when he was snapped up from Newcastle United. The goalkeeper made 89 Posh appearances and excelled as the club recorded their highest ever Football League finish, 10th in the second tier in the 1992-93 season. Photo: David Lowndes
6. JIMMY BULLARD
Posh boss Barry Fry found a gem in this midfielder who moved to London Road from West Ham United in July, 2001. Bullard moved on to bigger and better things after 77 appearances and 14 goals for Posh. Photo: PT
7. RONNIE EDWARDS
Posh took advantage of Covid restrictions to sign a high quality teenage centre-back from Barnet for nothing in August, 2020. Went on to play 143 times for Posh. Photo: David Lowndes
8. DAVID FARRELL
Picked up from Wycombe Wanderers in 1997 this fleet-footed winger became a bona fide club legend. He made 388 appearances, scoring 52 goals, including the greatest hat-trick of all time in a play-off semi-final against Barnet. Photo: David Lowndes