Ferguson refutes claims over new job

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After it was revealed that the decision was taken following a meeting with director of football Barry Fry on Sunday, the vocal former London Road manager let slip that he expects Ferguson to be at another club within days.

But in a statement issued through the League Managers' Association, Ferguson on Wednesday insists such claims are false. "Unfortunately, Barry Fry has today intimated that I already have a new position in place," he said.

"I can categorically confirm that is 100% untrue. However, these comments have not impacted upon my feelings towards my time at Peterborough United, the players, the chairman and the support.

"Three years ago Kevin Russell and I arrived at Peterborough United, a League Two club; we left yesterday, having taken them to the Championship, and we wish the club all the best for the future of the club."