In
Joe Day (Rushden & Diamonds), Nicky Ajose (Manchester United), Craig Alcock (Yeovil Town), Paul Jones (Exeter City), Ryan Tunnicliffe (Manchester United - Loan), Scott Wootton (Manchester United - Loan)
Out
Chris Whelpdale (Gillingham), Craig Mackail-Smith (Brighton Hove & Albion), Charlie Lee (Gillingham), Nana Ofori-Twumasi (Northampton Town), Arron Davies (Northampton Town), Rene Howe (Torquay United), Stephen Collis (released), Dominic Green (released)
Target
Purely and simply - survival. Posh have the smallest operating budget in the division and cannot afford to compete for experienced Championship players.