Lincoln City midfielder Lee Frecklington has officially joined Peterborough United today.

The midfielder, who graduated through the club’s youth system, joined the Posh on loan in February and has been made permanent today.

Frecklington has signed a three-year deal with the Championship-bound club, moving for a fee rumoured to be around £200,000.

The sale will be the first of a substantial amount of money coming into Lincoln football club.

The Imps are due money from Peterborough for a deal which took former manager Keith Alexander to London Road.

There is also a similar arrangement with Watford, who owe money to the Imps as part of the deal which took Scott Loach to Vicarage Road.

As previously reported, Imps winger Dany N’Guessan will leave Sincil Bank after turning down a new contract, and the club will be due compensation as he is under the age of 24. The fee is expected to be a six-figure sum.

N’Guessan 141 league and cup appearances for the Imps, scoring 23 goals. Meanwhile, Frecklington was capped for the Republic of Ireland ‘B’ team whilst at Lincoln City, and was voted one of the players in League Two, being put in the 2006/07 PFA team of the year.

Frecklington snubbed a move to London Road last summer, but will now be playing in the Championship after Peterborough clinched promotion from League One.

The two depatures will leave the Imps short in midfield, which Peter Jackson will have to rectify in the summer. It remains to be seen whether Jackson will put his trust in the club’s youngsters or will draft in some experience.