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Page last updated at 10:56 GMT, Friday, 10 July 2009 11:56 UK

Ferguson agrees new Posh contract

Darren Ferguson
Ferguson has been with Posh since January 2007

Peterborough United boss Darren Ferguson has moved to end speculation about his future by signing a new four-year deal at London Road.

The 37-year-old Scot was refused permission to speak to Championship rivals Reading back in May.

He told BBC Radio Cambridgeshire: "I'm thankful he [chairman Darragh McAnthony] rewarded me for the success.

"We've got a lot of unfinished business, we want to get the club into the Premiership."

Ferguson has been with Posh since January 2007, winning two promotions in two seasons.

To date, Reading are the only club to have made a firm approach for the former Wolves and Wrexham man.

But they were firmly rebuffed by the club, despite a request from Ferguson for permission to open talks.

"I've got two years left on my contract so we needed to do a new one," he said. "Everyone can stop speculating about where I'm going to go next.

"There's been too much hard work done by everyone to give it all up now. There's no point getting in to the Championship and finishing mid-table, I want to get in to the Premiership," he added.

MacAnthony says it was important to bring an end to all the conjecture.

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"There was a lot of speculation over the summer, but Darren never wanted to leave," he said.

"I am a realist, if a top club comes in then we have to think about it, but I am hoping that everybody will leave us alone and let us get promoted to the Premier League."

Ferguson had two years remaining on his previous deal.



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