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Ibrox manager Walter Smith has already bolstered his attacking options after signing Kenny Miller and Andrius Velicka.
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And they're offering signing bonuses and stock options to attract doctors from America.
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That has left boss David Moyes short of options, with new signing Heitinga ineligible until January to play in Europe.
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West Ham do have several attacking options, however, including new signing Demba Ba, Carlton Cole, Frederic Piquionne, Victor Obinna and Freddie Sears.
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Most lawyers agree that signing loans, relocation loans and loans to exercise stock options or buy stock are usually no-nos.
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Posh already have three proven strikers on their books in the shape of Aaron Mclean, Craig Mackail-Smith and new signing Dave Hibbert, so will not be desperate to bolster their attacking options.
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But Mancini - whose striking options include Carlos Tevez, Emmanuel Adebayor, Jo, Roque Santa Cruz and new-signing Mario Balotelli - is reluctant to sell Bellamy to a Premier League rival.
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