The club signed their former striker Taylor on a one-year contract.
Taylor played form 2011 until 2012 for the club. He made 53 appearances in which he netted 14 times. Afterwards he joined Ipswich for £1.5million. The year afterwards he returned one season to the club, but only on loan.
Now Peterborough resigned him and are confident about their player:
"It is a great signing for us. A fit Paul Taylor is one of the best players in this league, if not beyond, so we are hopefully going to get him fit".