Essendon's decision to delist Will Setterfield could open the door for a fourth AFL club to sign the midfielder.

After stints at GWS, Carlton and the Bombers, Setterfield is more than worthy of another chance.

The 27-year-old proved his worth as a defensively-minded on-baller, tasked with curbing the efforts of Patrick Cripps and Marcus Bontempelli, whilst also finding plenty of the football himself.

However, through injury and selection, Setterfield's opportunities have been limited, but that doesn't mean a rival club could swoop and sign him as a delisted free agent, rookie or SSP prospect.

So who will take the punt of the three-club journeyman? We look at four potential landing spots for Will Setterfield.

1Collingwood

The Pies are in the market for a ball-winning midfielder, especially after farewelling Brownlow medallist Tom Mitchell.

Setterfield would help assist champion Nick Daicos and bridge the gap between the veterans at the club and the emerging youth.

Collingwood were found out during their preliminary final loss to Brisbane, and with Scott Pendlebury and Steele Sidebottom likely to run out for one more year, they desperately need soldiers through the centre of the ground.

Setterfield is a bargain-based option with potentially high reward, which would suit the AIA Centre club given their salary cap pressures, but would also fill a role under Craig McRae.

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