After a reconciliation with owner Darragh MacAnthony, Ferguson was subsequently re-appointed as manager at Peterborough.
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Ferguson played in United's first 15 games of the new Premier League in 1992–93 during the absence of the injured Bryan Robson, and although he did not start a league game after November, he played enough games to qualify for a title winner's medal at the end of the season.
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However, his first-team chances were very limited in 1993–94 and he was transferred to Wolverhampton Wanderers for £250,000.
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