Coca-Cola Championship side Peterborough United have announced that Manager Jim Gannon has advised them he will leave his position at the end of the current campaign.

Gannon, who became the club's third Manager of the season when he took over from Mark Cooper in February, has been locked in talks with Posh Chairman Darragh MacAnthony over his future.

With four wins under their belts since he took over, the same amount they had managed in the six month's prior to Gannon's arrival, Peterborough have given themselves a fighting chance at the bottom of the league.

However Gannon has revealed he will leave the club and explained his decision to www.theposh.com:

"Having given the matter considerable thought I have decided not to accept the football club's offer of a contract to be the Manager of Peterborough United for the coming seasons. I have enjoyed myself immensely over the last few months and would like to thank the chairman and Barry for the privilege of working in the Championship with Posh.

"As you are aware I am not driven by personal financial gain or a mechanical professional drive. I have become a devoted family man over the last few years and the separation from the family over the last season has created a big void in my personal happiness and contentment.

"Given that my partner is now pregnant and expecting our second baby in July, the need for their stability, security and happiness becomes increasingly important to me. I always promised myself, on behalf of my family, that I would always seek to strike a balance in my professional and personal life."

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