Oxford United reached the quarter-finals of the EFL Cup in the 2019-2020 season, their best performance in the tournament in recent years.
Peterborough has never advanced past the fourth round of the EFL Cup, with their best performance coming in the 1965-1966 season.
Both Oxford United and Peterborough have a strong record of developing young talent through their academies, with several players making their first-team debuts in EFL Cup matches.
Oxford United's home ground, the Kassam Stadium, has a capacity of 12,500, while Peterborough's home ground, London Road Stadium, has a capacity of 15,314.