Peterborough United are happy with their deal to sell Ryan Bennett to Norwich City.

Bennett has penned a three-and-a-half year deal with Norwich but will return to London Road on an emergency loan until the end of February, subject to paperwork being completed.

"We knew when we signed Ryan from Grimsby that we were getting a player with fantastic potential and that is why we paid the money we did at the time," Peterborough chairman Darragh MacAnthony said.

"He has proved to be a superb signing and there have been Premier League scouts watching him at every game this season.

"Myself and the gaffer (Darren Ferguson) had very little choice in the matter after the player informed us last night and again today that he wanted to leave for a Premier League club and didn't want the club to stand in his way.

"I have also always stated that I would never stand in a player's way should a Premier League club come in for them and offer us a heavy transfer fee at the same time.

"The gaffer was given final call on this deal only a couple of hours ago and he decided that it was in best interest of Peterborough United Football club to accept the offer from Norwich.

"To think only 12 months ago, I was asked to send Ryan out on loan or to move him on and now he is moving to a top-12 Premier League club smashing our existing transfer record by a long way."