Peterborough United manager Darren Ferguson is not about to take the reins at Wolves.

The 40-year old has been heavily backed to step into Terry Connor's role at the relegated club next season but he has distanced himself from the Molineux outfit.

"It's certainly not me putting the money on," Ferguson told the Peterborough Evening Telegraph.

"I had no idea what was happening until I had a text from a friend asking me what was going on as the bookies had suspended betting on me moving to Wolves.

"I have had no contact with Wolves and I don't expect any."

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