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Peterborough beat Rangers to Matthew Stevens

General view of Ibrox - Rangers

Scottish side Rangers have missed out on the signing of Matthew Stevens as the striker joins Peterborough United instead.

Rangers manager Mark Warburton celebrates at the end of the match

Following his wonderful exploits at youth level, Matthew Stevens broke into the Barnet first team last season and the 18-year-old was able to score 2 goals in 12 appearances for the Bees.

A bit surprisingly though, Stevens decided against renewing his contract at Barnet which expired recently and as a result, it was no surprise to see a host of Football League clubs expressing their interest in signing the teenage sensation.

General View of Ibrox Stadium

According to reports from the Peterborough Evening Telegraph last month, claims had been made that Peterborough United were battling it out against Scottish Premier League outfit Rangers for Stevens.

It can now be confirmed that Peterborough have managed to stave off competition from Rangers in the race for Stevens and the Posh have secured the services of the youngster on a three year deal.

Confirming the arrival of the striker, Peterborough released the following statement on their official website, “Peterborough United can confirm the signing of highly-rated striker Mathew Stevens from EFL Sky Bet League Two side Barnet with the 18-year-old penning a three-year contract at the ABAX Stadium.

The fee for the transfer will be determined at a tribunal and has been described as 'one for the future' by Posh boss Grant McCann.”

The Peterborough Evening Telegraph had claimed that Rangers boss Mark Warburton had intended to integrate Stevens into the development squad this season but the 53-year-old will now have to focus on transfer targets elsewhere.

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