Peterborough United boss Darren Ferguson wary of wage bill
Peterborough United boss Darren Ferguson has ruled out signing any proven Championship talent as they cannot afford the wages involved.
Posh have made five summer signings, none of whom have any experience of playing in the second tier.
Ferguson told BBC Radio Cambridgeshire: "We'd love to get two or three players who have played 200 or 300 games in the Championship.
"But, believe me, it's not going to happen with wages they would demand."
Goalkeeper Paul Jones, defenders Ryan Tunnicliffe, Scott Wootton and Craig Alcock as well as striker Nicky Ajose are the five fresh arrivals at London Road.
With Peterborough's home attendances likely to be amongst the lowest in the Championship, Ferguson has said he cannot afford to gamble with the future financial stability of the club.
"We don't want to be in a position where we're paying massive wages. If we go down we'll suddenly be looking over our shoulder at administration," he said.
Ferguson has said he is happy with his forward options, but is keen to add another midfielder and defender to his squad.
Posh had a bid for Scunthorpe's Michael O'Connor rejected earlier this month and Ferguson has not ruled out returning with a fresh offer.
Regardless of any further arrivals, he has challenged his men to compensate for the club's lack of financial muscle with their effort and endeavour.
"We've got good energies and we're a fit bunch of lads. We've got a fantastic togetherness and tactically we need to be spot on."