Posh have signed their second player inside of 24 hours.
Peterborough have signed Michael Smith from Bristol Rovers for an undisclosed fee.
The former Pirates right-back has joins on a three-year contract.
Peterborough United have announced their latest signing.
Tottenham starlet Kenny McEvoy has joined the London Road side on a season-long youth loan.
The 19-year-old winger says he hopes to break into the first team. He told the club website: "It is good that I have been able to join in pre-season as I can get to know the lads before the season starts."
Peterborough United manager Darren Ferguson has signed a new three-year contract with the club.
Posh missed out on promotion via the League One play-offs last season but Ferguson did guide them to success in the Football League Trophy at Wembley.
Meanwhile, Assistant manager Kevin Russell is leaving London Road.
Gavin Strachan has been promoted to first team coach as part of a management restructure.
Peterborough United have completed the signing of Shrewsbury Town winger Jon Taylor for an undisclosed fee.
The 21-year-old had attracted interest from a host of Football League clubs, but Posh jumped ahead of the queue to secure his signature.
Taylor has signed a three-year contract at London Road and is the first arrival at the club this summer.
Tommy Rowe has left Peterborough United to join Championship side Wolves.
The midfielder was out of contract after a five year stay with Posh. He's joined the Molineux side on a two-year-deal.
Peterborough's hopes of a quick return to The Championship were dashed last night, with defeat in their League One play-off semi-final.Read the full story ›
Football and Peterborough missed out on a chance of promotion after they they lost 2-1 to Leyton Orient in the second leg of their League One Play-off semi final.
Dean Cox and Chris Dagnall scored for the O's, Conor Washington got a late consolation for Peterborough.
Posh lost 3-2 on aggregate.
Peterborough United will be hoping for more play-off joy when they take on Leyton Orient this lunchtime (kick-off 12.15pm).
Posh have a perfect record in the play-offs, going on to seal promotion in each of their appearances. The prize on offer this time is promotion to the Championship.
More than 7,500 tickets have already been sold to home supporters for the first leg at London Road, with the return in east London on Tuesday night.
Peterborough United manager Darren Ferguson has been named the League One Manager of the Month for April.
The Posh boss guided his team to five wins from seven games to secure a place a in the play-offs.
Peterborough play their final league game of the season on Saturday when they host Port Vale, before beginning their play-off campaign next week.
Ipswich Town left-back Aaron Cresswell and Peterborough United striker Britt Assombalonga have been named in the PFA Championship and League One teams of the year respectively.
The duo were selected by their fellow professionals.
Former Tranmere Rovers man Cresswell has enjoyed a superb season for Town, who now know that they can't make the play-offs in The Championship following Saturday's narrow defeat to already promoted Burnley.
Meanwhile, Posh forward Assombalonga has hit over 30 goals since joining in a club record deal last summer from Championship side Watford.
Championship Team of the Year: Kasper Schmeichel (Leicester City), Kieran Trippier (Burnley), Jason Shackell (Burnley), Wes Morgan (Leicester City), Aaron Cresswell (Ipswich Town),
Andy Reid (Nottingham Forest), Danny Drinkwater (Leicester City), Will Hughes (Derby County),
Craig Bryson (Derby County) Danny Ings (Burnley), Ross McCormack (Leeds United)
League One Team of the Year: Carl Ikeme (Wolves), Sam Ricketts (Wolves), Danny Batth (Wolves), Harry Maguire (Sheffield United), Jake Bidwell (Brentford)
Bakary Sako (Wolves), Adam Forshaw (Brentford), Kevin McDonald (Wolves), Ben Pringle (Rotherham United),
Britt Assombalonga (Peterborough United), Callum Wilson (Coventry City)