Ferguson was sacked by Preston after Christmas (Getty Images)
Darren Ferguson has held talks with Peterborough over returning to the npower League One club as manager.
The 38-year-old led Peterborough to successive promotions during his previous stint at London Road before leaving in 2009 with them lying bottom of the Championship.
Ferguson was sacked by Preston just after Christmas following a poor run of results, and Peterborough have confirmed he met with chairman Darragh MacAnthony today.
Peterborough parted company with previous boss Gary Johnson yesterday after he fell out with MacAnthony over club policy matters.
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