Peterborough United: Iain Crawford joins League One club's board

Peterborough United are third in League One

Peterborough United have added Iain Crawford to the board after he acquired a 5% stake in the club.

He is a business partner of chairman Darragh MacAnthony, who became sole majority shareholder again last month,17 years after becoming owner.

Crawford has been a Posh supporter for over 15 years and bought the shares through his company, IRC Investments.

In a statement, he said being able to support MacAnthony in his long-term plans for the club was a "no-brainer".

He joins MacAnthony, director of football Barry Fry, chief executive Dawn Gore, head of football operations Elizabeth Elsom and operations manager Leighton Mitchell on the new board.

"I said recently that when I became majority shareholder again that I was open to bringing on local investors to the board who I feel will only strengthen us as a football club and Iain falls under this category in every way," MacAnthony said.

Peterborough are third in League One under manager Darren Ferguson, having reached the play-offs last season before being beaten on penalties by Sheffield Wednesday.

They are at home to AFC Wimbledon in the quarter-finals of the EFL Trophy on Tuesday, before resuming their league campaign against Wigan on Saturday.

Meanwhile, goalkeeper Jed Steer has left the club at the end of his short-term contract.

The 31-year-old made four appearances for Posh but Nicholas Bilokapic is fit again following injury and will start the match against Wimbledon.

"He doesn't want to risk not being guaranteed playing every week," Ferguson said.

"Now for me as a manager, I can't guarantee anyone playing, that is not something I have done in the past or ever would do in the future. In football, things change all the time."