Former Spalding United manager Pat Rayment has joined Peterborough Sports as a director.
The role formally takes effect on July 1 and sees him matching the investment of chairman Tommy Cooper pound-for-pound.
Rayment – who quit as Tulips boss four months ago – enjoyed a long playing career and tasted success in management when guiding Spalding to the United Counties League Premier Division title in the 2013/14 season.
And he is confident he can be successful after being approached by Sports boss Jimmy Dean to climb aboard a team with designs on rising to Step 3 of the non-League system in the coming years.
Rayment said: “As soon as I spoke to Jimmy and Tommy, the club’s huge ambition became clear – and it matches my own.
“Peterborough has long been crying out for a higher-level non-League club and that is what I believe Sports can become.
We are not just going to throw money around and this has the feel of a longer and better-planned project than where I have been most recently.Pat Rayment
“Tommy and I will look to match each other’s input pound-for-pound in all aspects of running the club. I know that I can use my experience to help the club achieve its goals and also have some fun along the way.
“I bring a lot of understanding of a higher level to the table and knowing what to do, but just as importantly what not to do.
“We are not just going to throw money around and this has the feel of a longer and better-planned project than where I have been most recently.”
Rayment’s arrival will ease the burden on Cooper who has driven the city club’s rapid rise in recent times.
Five years ago they were playing in Division One of the Peterborough & District League – now they are powering to United Counties League Division One title glory by a country mile.
They won 1-0 at Lutterworth on Saturday thanks to a David Cobb strike to go 13 points clear at the top and are hopeful of attracting a decent crowd to PSL when entertaining Oakham United in a rare Friday night game (7.45pm).
Cooper said: “I have consistently maintained that it is in the club’s best interests to not be reliant on a single individual source of investment.
“There have been some positive and significant changes to my business and personal life which brought the need to address this more sharply into focus.
“Myself and Jimmy sat down recently to talk through what is needed for us to be competitive next season if, as expected, we are playing in the Premier Division.
“Jimmy approached Pat to see if there would be an interest in coming on board and it quickly became obvious we all share a vision of what our future could look like.
“This is an exciting time for the club and I am delighted that Pat will use his experience to lighten my load and act as an additional sounding board for Jimmy.
“It will allow me to really focus on the next phase of our ground development to bring it up to Step 3 standard. This involves taking over the lease of our ground from Parkway, which is actively being worked through at present with both them and the city council.”