Darren Ferguson has issued a statement to theposh.com.
'It is with great sadness and regret that my time at Peterborough United has come to an end. The great times will stay with me and my memories of the club are nothing but positive.
'My sincere thanks to all my staff who worked tirelessly to achieve the success that we had and I wish all of them good luck for the future. I would like to thank all the players who showed courage and passion during my time which of course included leading the club to three promotions and winning The Johnstone's Paint Trophy. I have taken great pleasure in watching so many of them developing their careers and playing great football in the higher leagues.
'Thanks to Darragh MacAnthony, a great Chairman who had faith in me, supported me and gave me my first role as a manager. The Posh are very lucky to have such a dedicated Chairman and I am sure he will have success again.
'Finally, and most importantly, thank you to the brilliant Posh fans who have been there all the way. The days we had at Hereford, Colchester, Old Trafford and Wembley will be etched on all our minds as some of the greatest Posh moments and I am extremely proud to have been part of that. The support from the fans during my last game at MK Dons was outstanding, the defiance they showed in the midst of being beaten by our greatest rivals tells its own story.
'I would like to wish Peterborough United the very best of luck for the future and thanks again for having me.'