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League One champions Wolverhampton Wanderers have made their first signing of the summer by bringing in Peterborough United skipper Tommy Rowe, who was out of contract at London Road.

Left-side operator Rowe, 25, who can play in midfield or at the back, has signed a two-year deal at Molineux.

"As soon as I heard Wolves were interested I was very keen," said Rowe.

"Everything about Wolves really appeals to me. They are a young but also a composed side with experience."

Rowe, whose Peterborough manager Darren Ferguson used to play for Wolves, began his career on the books with Ferguson's father, Sir Alex, at Manchester United before joining Stockport County, for whom he made his debut in January 2007.

After 13 goals in 85 Stockport appearances, scoring 27 goals in 199 games, the last of them in Posh's League One play-off semi-final defeat by Leyton Orient.

That tally includes one for Posh in a 3-0 win at Molineux on Boxing Day 2012 - which helped spark the sacking of then-Wolves manager Stale Solbakken.

"We've had some good games against Wolves over the last couple of years, including in the Championship when we had a great day and I managed to score," he recalled.

"Unfortunately both of us went down that season but, having seen Wolves this year, you can see why they won the league."