Fry believes a healthy percentage of players released this summer will struggle to find new clubs because of financial pressures.
Fry said: “Everyone at our club including the chairman, the manager and me, warned the PFA that hundreds of their members would be out of work at the end of the season unless financial help had arrived.
“The number of players looking for new clubs next season is scary as there will be a lot of downsizing going on.
“Players will be in limbo until clubs know when we can sign them. It must be a worrying time for them.”
Here are some players who could be available in the summer and who might interest Posh. They include former Posh players signed for the club by current boss Darren Ferguson and transfer targets of the past...
13.
LUKE MURPHY: A midfielder out of contract at Bolton who has been of interest to Darren Ferguson in the past. Ex-Crewe and Leeds United so decent pedigree. Posh interest 6/10. Photo: atex.scriptmanager
14.
ARMAND GNANDUILLET: Powerful striker out of contract and released by Blackpool. Not Ivan Toney standard, but a similar build and just off the best scoring season of his career. Posh interest 7/10. Photo: Midlands
15.
JAY SPEARING: Posh need to strengthen midfield and this combative player is available after failing to agree terms with Blackpool. Ex-Liverpool so can play as well. Posh interest 7/10.
16.
MARC BOLA: A left-back who Impressed on loan at Blackpool from Middlesbrough last season and not likely to break into the Boro team. Former Arsenal youngster. Posh interest 5/10. Photo: Midlands