The Peterborough Telegraph can reveal that deal is to be formally completed on March 31.
It was announced last March the two parties had agreed a deal with Posh paying £5.265 million for the stadium, Allia Future Business Centre and 12 car parking spaces, with the council holding onto much of the surrounding land it bought as part of the original deal, including the London Road car park.
The deal is between the council and Peterborough United Properties Limited which has been set up by Posh co-owners Darragh MacAnthony, Stewart ‘Randy’ Thompson and Dr Jason Neale, who will own the stadium separately to the club.
