Winger Mendez-Laing is first out of the exit at Molineux

Wolves today started to ease their logjam of players by selling Nathaniel Mendez-Laing to Championship rivals Peterborough.

The 20-year-old right-winger has signed a three-year deal at London Road for an undisclosed fee to become the first departure under new boss Stale Solbakken.

Homegrown Mendez-Laing is no stranger to Posh after playing 40 league and cup games there in 2010-11, scoring five goals in his 12 starts.

A move there believed to be worth £100,000 this time last year broke down over personal terms.

But with little chance of a breakthrough at Molineux, Mendez-Laing has welcomed the chance to return to Peterborough.

Mendez-Laing played just once for Wolves' first team, a 0-0 Carling Cup draw against Swindon in August 2009.

Loaned to Sheffield United last season, he made just eight appearances before a knee injury that required surgery cut short his stay at Bramall Lane.

Posh boss Darren Ferguson said: "Nat has all the ability in the world."