Lee made 42 league appearances for Posh this season
Peterborough United midfielder Charlie Lee has agreed a new deal with the club.
Lee played a central role in helping Posh to win promotion to League One this season.
Director of football Barry Fry told the club website: "We spoke to Charlie about a new four-year deal and it has been agreed in principle.
"It's just a case of sitting him down and getting him to sign the document; I don't see there being any problem."
Lee arrived at London Road from Tottenham Hotspur last summer and made 42 league appearances as Posh claimed their first promotion since 2000.
Fry said: "Charlie had a magnificent season last year, he came in and played in a variety of positions for the manager.
"He scored eight or nine goals from midfield, he is only 21 years old and the experience he has gained this season will make him one hell of a player for next year."
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