Rangers. Dembele is due to enter into the final year of his contract and has been placed on the transfer list amid stalling negotiations over a new deal.
The player has reportedly been offered lucrative new terms but has yet to return to the table for talks, with the Premiership champions thought to be pursuing a deal.
Despite this director of football Barry Fry has extended an olive branch to the 24-year-old insisting he could still play for the Posh again.
Fry notes that there hasn't been a queue of suitors putting in bids for the playmaker despite interest from Steven Gerrard and clubs south of the border including Sheffield United, West Brom and Fulham.
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