Darren Ferguson does not think it is impossible for Peterborough United to secure promotion to the Championship this season.
Posh have handed Ferguson, who is in his third spell as manager at London Road, a three-year deal.
The former Doncaster Rovers manager replaced Steve Evans in January and was initially set to stay with the club until the end of the current campaign.
Peterborough are currently in eighth in the League One table and 33/1 to be promoted this season, while Doncaster are 4/1 to go up.
Ferguson said: "Things have changed since I was last here, like the new owners working alongside the chairman, who I know very well and we have an excellent relationship.
"The potential of getting into the Championship is always there, that is always the most appealing thing for me. I need to be aiming to get in the Championship and stay there.
"The club have got fantastic potential, the best position it has been in since the last time I left. We want to build a squad and group of players who tie in with that, fairly young, lots of energy, drive and ambition which matches ours."
Peterborough are 10/11 to beat relegation-threatened Southend United in their next match on Saturday.
"We've got eight games left of this season to try and get into the Championship - that is not dead and buried yet," Ferguson added. "I'm raring to go, as is (assistant manager) Gavin (Strachan), and we will give it our best."
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Darren Ferguson does not think it is impossible for Peterborough United to secure promotion to the Championship this season.
Posh have handed Ferguson, who is in his third spell as manager at London Road, a three-year deal.
The former Doncaster Rovers manager replaced Steve Evans in January and was initially set to stay with the club until the end of the current campaign.
Peterborough are currently in eighth in the League One table and 33/1 to be promoted this season, while Doncaster are 4/1 to go up.
Ferguson said: "Things have changed since I was last here, like the new owners working alongside the chairman, who I know very well and we have an excellent relationship.
"The potential of getting into the Championship is always there, that is always the most appealing thing for me. I need to be aiming to get in the Championship and stay there.
"The club have got fantastic potential, the best position it has been in since the last time I left. We want to build a squad and group of players who tie in with that, fairly young, lots of energy, drive and ambition which matches ours."
Peterborough are 10/11 to beat relegation-threatened Southend United in their next match on Saturday.
"We've got eight games left of this season to try and get into the Championship - that is not dead and buried yet," Ferguson added. "I'm raring to go, as is (assistant manager) Gavin (Strachan), and we will give it our best."
Source: bet365.com