Peterborough chairman Darragh MacAnthony insists that manager Darren Ferguson is "100% focused" on the job at London Road after speculation linking him with a move.
Ferguson had asked to talk to Reading about the vacancy at the Madejski Stadium, but after MacAnthony refused him permission the chairman is confident of moving forward.
In a statement he said: "I spent a few hours with Darren in my office in Spain on Wednesday discussing recent speculation and of course the future. Darren would like me to make it clear on his behalf that he is perfectly happy at Peterborough and is looking forward to the season ahead."
He added: "He has no interest in any other club and is 100& focused on the coming season and the challenge of making us a Premier League club."
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